RBI’s OC approves S4A scheme for HCC

The RBI mandated overseeing committee has approved the Scheme for Sustainable Structuring of Stressed Assets (S4A) for Hindustan Construction Company Ltd. The ICICI-led Joint Lenders’ Forum had proposed the scheme for the infrastructure major, the company said in a statement on Sunday. HCC said it became the first company to

RBI Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad

By Accommodation Times News Services RBI/FED/2015-16/10 FED Master Direction No. 15/2015-16 January 1, 2016 To, All Authorised Dealer Category – I banks and Authorised banks Madam / Dear Sir, Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad Direct investments by residents in Joint Venture (JV) and Wholly Owned Subsidiary (WOS)

RBI Master Direction – Establishment of Liaison/ Branch/ Project Offices in India by Foreign Entities

By Accommodation Times News Services RBI/FED/2015-16/6 FED Master Direction No.10/2015-16 January 1, 2016 To, All Category – I Authorised Dealer banks and Authorised Banks Madam / Dear Sir, Master Direction - Establishment of Liaison/ Branch/ Project Offices in India by Foreign Entities Establishment of Branch/ Liaison/ Project Offices in India is regulated in terms of Section 6(6) of