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TMI BlogMemorandum of Instructions for Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-resident Exchange HousesX X X X Extracts X X X X X X X X Extracts X X X X ..... ounts of Non-resident Exchange Houses Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to Part (B) of Annex-I to the A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circular No. 02] dated February 6, 2008 on the captioned subject, as amended from time to time. 2. With a view to expanding the scope of the Rupee Drawing Arrangements (RDAs), it has been decided ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... harge Annex [Annex-I to A.P.(DIR Series) Circular No.28 A.P.(FL/RL Series) Circular No.02] Earlier guidelines under Part (B) Permitted Transactions of Annex-I Revised guidelines under Part (B) Permitted Transactions of Annex-I Drawing Arrangements with Exchange Houses are primarily designed to channel inward personal remittances. Under no circumstances, donations / contributions to charitabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd other educational institutions. 7. Payments to medical institutions and hospitals for medical treatment of NRIs / their dependents and nationals of Gulf Countries in India. 8. Payments to hotels by nationals of Gulf countries / NRIs for their stay. 9. Payments to travel agents for booking of passages of NRIs and their families residing in India towards their travel in India by domestic airli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... emes or Estate Developers for acquisition of residential flats in India in individual names subject to compliance of regulations thereof by the Non-resident Indians. 6. Payments of tuition/ boarding, examination fee etc. to schools, colleges and other educational institutions. 7. Payments to medical institutions and hospitals for medical treatment of NRIs / their dependents and nationals of Gulf ..... X X X X Extracts X X X X X X X X Extracts X X X X
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