RBI’s clarifications for FOCCs: Simplifying downstream investments, creating level playing field
Although the new guidelines increase compliance burdens in some cases and certain areas may merit further re-thinking, these clarifications are a positive development. They grant much-needed flexibility for FOCCs in deal structures, are expected to facilitate M&A activity and create a more level playing field for FOCCs.
Although the new guidelines increase compliance burdens in some cases and certain areas may merit further re-thinking, these clarifications are a positive development. They grant much-needed flexibility for FOCCs in deal structures, are expected to facilitate M&A activity and create a more level playing field for FOCCs.
