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Foreign Exchange Management (International Financial Services Centre) (Amendment) Regulations, 2020 - FEMA. 397/RB-2020 - Foreign Exchange Management

Extract

..... exercise of the powers conferred by section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank hereby makes the following amendments in the Foreign Exchange Management (International Financial Services Centre) Regulations .....

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Foreign Exchange Management (International Financial Services Centre) (Amendment) Regulations, 2020 - FEMA. 397/RB-2020 - Foreign Exchange Management

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..... fic permission, allow a financial institution or a branch of a financial institution to conduct such business in Indian Rupee with such persons, whether resident or otherwise as it may determine.” T. RABI SANKAR, Executive Director [ADVT.-III/4 .....

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Foreign Exchange Management (International Financial Services Centre) (Amendment) Regulations, 2020 - FEMA. 397/RB-2020 - Foreign Exchange Management

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