CosmicTaco

Capitalmind CEO Urges RBI to Boost Foreign Investment Limits

CosmicTaco · 2024-12-29T22:11:49.032700+05:30

- Deepak Shenoy, CEO of Capitalmind, calls for RBI to increase mutual fund foreign investment limits from $8 billion to $50 billion. - Shenoy highlights the disparity between individual and institutional investment caps, arguing for more freedom for Indian mutual funds. - Critics, including mutual fund leaders, support Shenoy's call, citing India's robust forex reserves and the need for policy modernization. Source: [Mint](https://www.livemint.com/market/stock-market-news/why-cant-people-own-the-dollars-deepak-shenoy-debates-rbi-restriction-on-mutual-funds-investing-in-foreign-stocks-11735462161976.html), [Business News India](https://www.businesstoday.in/markets/top-story/story/why-should-rbi-own-dollars-capitalminds-deepak-shenoy-challenges-central-banks-curbs-on-mutual-funds-458874-2024-12-29)

Deepak Shenoy, CEO of Capitalmind, calls for RBI to increase mutual fund foreign investment limits from $8 billion to $50 billion.
Shenoy highlights the disparity between individual and institutional investment caps, arguing for more freedom for Indian mutual funds.
Critics, including mutual fund leaders, support Shenoy's call, citing India's robust forex reserves and the need for policy modernization.

Source: Mint, Business News India