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Permission to AD Category -I banks to borrow from international / multilateral financial institutions without approaching RBI for case by case approval subject to specified conditions.

FEMA - 112 - Dated:- 25-6-2015 - RBI/2014-15/649 A.P. (DIR Series) Circular No. 112 June 25, 2015 To All Category - I Authorised Dealer Banks Madam / Sir, Overseas Foreign Currency Borrowings by Authorised Dealer Bank Attention of Authorised Dealer C .....

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anches or correspondents outside India or any other entity as permitted by Reserve Bank, up to a limit of hundred per cent of their unimpaired Tier I capital as at the close of the previous quarter or USD 10 million (or its equivalent), whichever is .....

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eral financial institutions for a limited period up to November 30, 2013. 2. With a view to providing greater flexibility in seeking access to overseas funds, it has now been decided to permit AD Category - I banks to borrow from international / mult .....

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