RBI CLARIFIES THE PROCESS FOR FILING THE MANDATORY SINGLE MASTER FORM IN RELATION TO FOREIGN INVESTMENT

Published On: 07/09/2018

Authors:

Akhoury Winnie Shekhar
The Reserve Bank of India (the "RBI"), on September 1, 2018, released a user manual (the "SMF Manual") to clearly set out the procedure for filing a single master form (the "SMF"), which it introduced on June 7, 2018, to integrate the existing reporting norms for foreign investment in India.