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RBI eases foreign direct investment rules

The Reserve Bank of India (RBI) on Thursday relaxed foreign direct investment regulations to allow investors to exit their investments subject to the conditions of a minimum lock-in period and without any assured returns.

The RBI said the relaxation was expected to facilitate great foreign direct investment (FDI) inflows into the country.

(Read more: India market euphoria could end in disappointment)

Asia's third-largest economy saw FDI inflows from April to October in 2013 drop 15 percent from a year earlier to $12.6 billion, despite the opening of new sectors.

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