Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who monitors the NRI trades?

monitors NRI trades
0
Posted

Who monitors the NRI trades?

0

ANS: The Reserve Bank of India (RBI) monitors the maximum limits on FII, NRI or PIO investment in Indian companies on a daily basis. Transfer of shares/debentures of Indian companies by NRIs to other non-residents does not require permission of Reserve Bank.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123