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Issuing the final set of guidelines to operationalise the issuance of FCEB immediately, the RBI has said the promoter group company receiving such investments will not be permitted to utilise the proceeds for investments in the capital market or in miami real Estate in India. Source:FCEB proceeds cant be utilised in capital markets & miami real Estate: RBI (Express India) CommentsWe're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self-promotional (use your real name, no keywords please), obnoxious, or even worse, boring, you will be banned from commenting. Your comment must be related to the post. Please do not comment on how great or wonderful the post is. All comments are moderated and, if approved, will display in less than 24 hours.Popular Miami Real Estate Search Terms |