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Home Acts & Rules FEMA Regulation FOREIGN EXCHANGE MANAGEMENT (BORROWING AND LENDING IN RUPEES) REGULATIONS, 2000 This

FOREIGN EXCHANGE MANAGEMENT (BORROWING AND LENDING IN RUPEES) REGULATIONS, 2000

Regulation 1 : Short title and commencement
Regulation 2 : Definitions
Regulation 3 : Prohibition on borrowing and lending in rupees
Regulation 4 : Borrowing in rupees by persons other than companies in India
Regulation 5 : Borrowing in rupees by Indian companies
Regulation 6 : Restriction on use of borrowed funds
Regulation 7 : Loans in Rupees to Non-residents
Regulation 7A : Loans in Rupees to Non-residents by an authorised dealer
Regulation 8 : Providing housing loan in rupees to a non-resident
Regulation 8A : Rupee Loans to NRI/PIO employees of Indian body corporate
Regulation 8B : Rupee loans to non-resident Indian by Resident
Regulation 9 : Continuance of rupee loan/Overdraft to resident who becomes a person resident outside India
Regulation 10 : Continuance of rupee loan in the event of change in the residential status of the lender
Regulation 11 : Overdraft in rupee account maintained with authorised dealer in India by a bank outside India
 
 
 
 
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