What is the Normal route? What is the procedure to be followed for investment proposed to be made under Normal Route?
A. Proposals not covered by the conditions under the automatic route require the prior clearance of the Reserve Bank for which a specific application in form ODI with the documents prescribed therein is required to be made to : Reserve Bank of India Foreign Exchange Department Overseas Investment Division Central Office Amar Building, 3rd Floor Mumbai 400 001.
Related Questions
- What is the procedure to be followed by a company intending to make investment in a JV/WOS under the automatic route?
- What is the Normal route? What is the procedure to be followed for investment proposed to be made under Normal Route?
- What is the procedure to be followed for investment proposed to be made under Normal Route?
