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National / The Economic Times

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RBI takes practical stance on family trusts and investment cos

In a forward-thinking initiative, the Reserve Bank of India is simplifying wealth management for business families. By allowing the transfer of ownership of investment companies to private family trusts, they're paving the way for smoother succession planning and minimizing potential disputes. The focus remains on designating family members as trustees, which strengthens familial control over assets.

26 Nov 2025 11:56 pm