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Forget LRS Limits, India Should Relax Remittance Reporting Rules, Says Deepak Shenoy

A mutual funds development with market-wide reach.

· NDTV Profit

Capitalmind Mutual Fund CEO Deepak Shenoy has called for easing overseas remittance reporting rules, arguing that India should simplify compliance instead of tightening LRS limits.

Fund flows and NAV moves show where domestic retail conviction is actually going, month after month.