RBI to share black money info with IB

Update: 2010-09-15 00:00 GMT

NEW DELHI, March 7 - The Reserve Bank of India will share FDI-related information with country�s intelligence agencies � IB and RAW � to check black money from entering the country.

The decision was taken during a recent meeting of a government group, headed by Revenue Secretary, to check economic crimes. The move comes after Cabinet Secretariat � under whose administrative control Research and Analysis Wing (RAW) functions � expressed concern over companies in tax havens investing in the country, official sources said. � PTI

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