The ๐น๐๐๐๐๐๐ ๐ฉ๐๐๐ ๐๐ ๐ฐ๐๐ ๐๐ (๐น๐ฉ๐ฐ) has issued a clear directive to Indian corporates with pending violations in their ๐ถ๐๐๐๐๐๐๐ ๐ซ๐๐๐๐๐ ๐ฐ๐๐๐๐๐๐๐๐๐๐ (๐ถ๐ซ๐ฐ๐).
๐
๐ฌ๐๐๐๐๐๐๐๐ ๐จ๐๐๐๐๐ 25, 2025, companies must resolve all historical non-compliances.
โ Failure to do so may lead to ๐ท๐๐๐๐ ๐จ๐๐๐๐๐๐ such as ๐๐๐๐๐๐๐๐
๐๐๐ ๐๐ ๐๐
๐๐๐
๐๐๐๐๐๐๐.
This move signals the RBIโs growing emphasis on ๐ป๐๐๐๐๐๐๐๐๐๐๐, ๐ช๐๐๐๐๐๐๐๐๐, ๐๐๐
๐ซ๐๐ ๐ซ๐๐๐๐๐๐๐๐ in international transactions.
๐ Businesses aiming to invest abroad must ensure their past records are clean to remain eligible for future ODI approvals.
๐ ๐จ๐๐๐๐๐ ๐ท๐๐๐๐: If your company has any unresolved ODI matters, now is the time to act.
๐ฐ ๐บ๐๐๐๐๐: The Economic Times
