
India needs to review Depositary Receipt regulations to remain a top investment destination, says BNY Mellon
India’s drive to lure investors from overseas received a boost in 2012 with the adoption of the Qualified Foreign Investor initiative, but to remain one of the world’s top investment destinations the nation should review its depositary receipt (DR) regulations, says BNY Mellon in its new report, ‘India: Easing Conditions