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Foreign Exchange Management (Borrowing or Lending in Foreign Currency) Regulations, FEMA |
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Foreign Exchange Management (Borrowing or Lending in Foreign Currency) Regulations |
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This is a just as a clarification required with respect to Foreign Exchange Management (Borrowing or Lending in Foreign Currency) Regulations. We find that the regulation deals mostly with Borrowing in Foreign Currency. Can we be advised of the provisions laid down for Lending in foreign currency by an Indian company to a foreign entity.
Can an Indian Company extend a loan to a foreign entity? If such loans are permitted, we would like to know the guidelines/procedures prescribed.
Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Please seek the Clarification from your AD/RBI.
Please refer to Notification No.FEMA 3 /2000-RB dated 3rd May 2000 on this aspect. The areas where a person other than an authorised dealer can remit foriegn currency loans is specified here Page: 1 Old Query - New Comments are closed. |
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