Indian History·Landmark Events

Economic Contributions — Landmark Events

Updated 5 Mar 2026

Landmark Events

State Bank of India vs. Santosh Gupta

2017

This Supreme Court judgment clarified the legal framework for diaspora investments under FEMA regulations, establishing that overseas Indians have the same investment rights as…

Reserve Bank of India vs. Peerless General Finance

2019

This case established the regulatory framework for diaspora remittances through non-banking financial companies, clarifying the role of fintech companies in facilitating diaspora…