RBI steps up scrutiny of Indian firms' foreign investments: Report

The Reserve Bank of India has tightened scrutiny of Indian companies making overseas investments amid concerns over possible misuse of funds. Banks must now collect detailed information on firms' due diligence, anti-money laundering and KYC practices, and submit it to the RBI. Overseas Direct Investments have risen from $11 billion five years ago to $34 billion in FY26.