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India’s RBI to Ease Foreign Capital Inflows by Changing Forex Rules – Reuters

India’s central bank, the RBI, plans to ease foreign capital inflows by changing foreign exchange management rules, sources told Reuters.

The RBI is set to double the investment limit for individual foreign investors in a single entity from 5% to 10%. Additionally, the combined holding limit for all individual foreign investors in a single entity will be raised from 10% to 24%, sources said.

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