Notifications - Foreign Exchange Management - ஆர்பிஐ - Reserve Bank of India
Foreign Exchange Management Act Announcement
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ஏப். 17, 2004
FEMA 1999 - Current Account Transactions - Remittance for maintenance of close relatives abroad- Requests of Indian Nationals on deputation to India from Overseas Companies - A.P (DIR Series) Circular No.86
RBI/2004/ 153 A.P.(DIR Series) Circular No.86 April 17, 2004ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs, FEMA 1999 – Current Account Transactions – Remittance for maintenance of close relatives abroad- Requests of Indian Nationals on deputation to India from Overseas Companies Attention of Authorised Dealers is invited to item 7 of Schedule III of Government of India Notification No.GSR.381 (E) dated May 3, 2000 as amended by the Notification No.S.O.301(E
RBI/2004/ 153 A.P.(DIR Series) Circular No.86 April 17, 2004ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs, FEMA 1999 – Current Account Transactions – Remittance for maintenance of close relatives abroad- Requests of Indian Nationals on deputation to India from Overseas Companies Attention of Authorised Dealers is invited to item 7 of Schedule III of Government of India Notification No.GSR.381 (E) dated May 3, 2000 as amended by the Notification No.S.O.301(E
ஏப். 16, 2004
Exim Bank's Lines of Credit of USD 10 Million each to Government of Zambia and to Bank Gospodarstwa Krajowego (National Economy Bank - BGK Bank), Poland - A.P (DIR Series) Circular No.85
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI-400 001 RBI/2004/149 A.P.(DIR Series) Circular No.85 April 16, 2004 To All Authorised Dealers in Foreign Exchange Dear Sirs/Madam, Exim Bank's Lines of Credit of USD 10 Million each to Government of Zambia and to Bank Gospodarstwa Krajowego (National Economy Bank - BGK Bank), Poland Export-Import Bank of India (Exim Bank) has concluded agreements with Ministry of Finance, Government of Zambia on Dece
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI-400 001 RBI/2004/149 A.P.(DIR Series) Circular No.85 April 16, 2004 To All Authorised Dealers in Foreign Exchange Dear Sirs/Madam, Exim Bank's Lines of Credit of USD 10 Million each to Government of Zambia and to Bank Gospodarstwa Krajowego (National Economy Bank - BGK Bank), Poland Export-Import Bank of India (Exim Bank) has concluded agreements with Ministry of Finance, Government of Zambia on Dece
ஏப். 16, 2004
Exim Bank's Line of Credit for USD 10 million to Bank TuranAlem, Kazakhstan - A.P (DIR Series) Circular No.84
Reserve Bank Of IndiaForeign Exchange Department Central Office Mumbai - 400 001 RBI/2004/148 A.P.(DIR Series) Circular No.84 April 16, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit for USD 10 million to Bank TuranAlem, Kazakhstan The Export-Import Bank of India (Exim Bank) has concluded an agreement with Bank TuranAlem , Kazakhstan on February 27, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate
Reserve Bank Of IndiaForeign Exchange Department Central Office Mumbai - 400 001 RBI/2004/148 A.P.(DIR Series) Circular No.84 April 16, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit for USD 10 million to Bank TuranAlem, Kazakhstan The Export-Import Bank of India (Exim Bank) has concluded an agreement with Bank TuranAlem , Kazakhstan on February 27, 2004 making available to the latter a Line of Credit (LOC) upto an aggregate
ஏப். 12, 2004
Exim Bank's Letter of Credit Refinancing Facility of USD 20 Million to Bank Markazi Jomhouri Islami Iran - A.P (DIR Series) Circular No.83
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 RBI/ 2004/ 141 A.P. (DIR Series) Circular No.83 April 12 , 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Letter of Credit Refinancing Facility of USD 20 Million to Bank Markazi Jomhouri Islami Iran The Export-Import Bank of India (Exim Bank) has concluded an agreement with Bank Markazi Jomhouri Islami Iran (the Central Bank of the Islamic Republic of Iran) on
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 RBI/ 2004/ 141 A.P. (DIR Series) Circular No.83 April 12 , 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Letter of Credit Refinancing Facility of USD 20 Million to Bank Markazi Jomhouri Islami Iran The Export-Import Bank of India (Exim Bank) has concluded an agreement with Bank Markazi Jomhouri Islami Iran (the Central Bank of the Islamic Republic of Iran) on
ஏப். 01, 2004
External Commercial Borrowings (ECB) - Clarifications - A.P (DIR Series) Circular No.82
RBI/2004/128A.P.(DIR Series) Circular No. 82 April 1, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, External Commercial Borrowings (ECB) – Clarifications The External Commercial Borrowings (ECB) guidelines were revised vide A.P. (DIR Series) Circular No.60 dated January 31, 2004. The Reserve Bank has been receiving a number of queries relating to various aspects of the ECB guidelines. Our clarifications on these issues are set out below : 2. End-use
RBI/2004/128A.P.(DIR Series) Circular No. 82 April 1, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, External Commercial Borrowings (ECB) – Clarifications The External Commercial Borrowings (ECB) guidelines were revised vide A.P. (DIR Series) Circular No.60 dated January 31, 2004. The Reserve Bank has been receiving a number of queries relating to various aspects of the ECB guidelines. Our clarifications on these issues are set out below : 2. End-use
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மார். 24, 2004
Overseas Foreign Currency Borrowings by Authorised Dealers - Rationalisation and Monitoring - A.P (DIR Series) Circular No.81
RBI/2004/113A.P.(DIR Series) Circular No.81 March 24, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Foreign Currency Borrowings by Authorised Dealers – Rationalisation and Monitoring Authorised Dealers (ADs) are allowed to borrow in foreign currency in the circumstances and subject to such conditions as mentioned under Regulation 4(2) of Notification No.FEMA 3/2000-RB dated May 3, 2000. 2. Accordingly, in terms of paragraph No.C.5(i) of RBI
RBI/2004/113A.P.(DIR Series) Circular No.81 March 24, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Overseas Foreign Currency Borrowings by Authorised Dealers – Rationalisation and Monitoring Authorised Dealers (ADs) are allowed to borrow in foreign currency in the circumstances and subject to such conditions as mentioned under Regulation 4(2) of Notification No.FEMA 3/2000-RB dated May 3, 2000. 2. Accordingly, in terms of paragraph No.C.5(i) of RBI
மார். 18, 2004
Liberalised Remittance Scheme of USD 25,000 for Resident Individuals - A.P (DIR Series) Circular No.80
RBI/ 2004/105A.P. (DIR Series) Circular No. 80 March 18, 2004 To all Authorised Dealers in Foreign Exchange Madam/Sirs, Liberalised Remittance Scheme of USD 25,000 for Resident Individuals- Investor Protection – Disclosure Requirements Attention of the Authorised Dealers is invited to the instructions contained in A.P. DIR (Series) Circular No. 64 dated February 4, 2004, whereby Reserve Bank announced a Scheme permitting resident individuals to make remittance for an
RBI/ 2004/105A.P. (DIR Series) Circular No. 80 March 18, 2004 To all Authorised Dealers in Foreign Exchange Madam/Sirs, Liberalised Remittance Scheme of USD 25,000 for Resident Individuals- Investor Protection – Disclosure Requirements Attention of the Authorised Dealers is invited to the instructions contained in A.P. DIR (Series) Circular No. 64 dated February 4, 2004, whereby Reserve Bank announced a Scheme permitting resident individuals to make remittance for an
மார். 15, 2004
Exim Bank's Line of Credit of USD 10 Million to Central Bank of Djibouti - A.P. (DIR Series) Circular No.79
RBI/ 2004/ 99A.P. (DIR Series) Circular No.79March 15, 2004 ToAll Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit of USD 10 Million to Central Bank of Djibouti, Djibouti Export-Import Bank of India (Exim Bank) has concluded an agreement with Central Bank of Djibouti, Djibouti on July 24, 2003 making available to the latter, a Line of Credit (LOC) upto an aggregate sum of USD 10 Million (U.S.Dollar ten million only). The Credit Agreement h
RBI/ 2004/ 99A.P. (DIR Series) Circular No.79March 15, 2004 ToAll Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit of USD 10 Million to Central Bank of Djibouti, Djibouti Export-Import Bank of India (Exim Bank) has concluded an agreement with Central Bank of Djibouti, Djibouti on July 24, 2003 making available to the latter, a Line of Credit (LOC) upto an aggregate sum of USD 10 Million (U.S.Dollar ten million only). The Credit Agreement h
மார். 13, 2004
Foreign Exchange Management Act, 1999 - Guidelines for Compilation of R-Returns - A.P. (DIR Series) Circular No.77
Reserve Bank of India RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT Central Office Mumbai 400 001 RBI/2004/ 95 A.P.(DIR Series) Circular No.77 March 13 , 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 - Guidelines for Compilation of R-Returns Attention of Authorised Dealers (ADs) is invited to A.P.(DIR Series) Circular No.76 dated February 3, 2003, in terms of which they are required to submit R-Return (NOSTR
Reserve Bank of India RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT Central Office Mumbai 400 001 RBI/2004/ 95 A.P.(DIR Series) Circular No.77 March 13 , 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Foreign Exchange Management Act, 1999 - Guidelines for Compilation of R-Returns Attention of Authorised Dealers (ADs) is invited to A.P.(DIR Series) Circular No.76 dated February 3, 2003, in terms of which they are required to submit R-Return (NOSTR
மார். 13, 2004
Foreign Inward Remittance Payment System (FIRPS) Instrument - A.P. (DIR Series) Circular No.78
RESERVE BANK OF INDIA RBI/2004/96A.P.(DIR Series) Circular No.78 March 13, 2004To All Authorised Dealers in Foreign Exchange Dear Sirs/Madam, Foreign Inward Remittance Payment System (FIRPS) Instrument – Withdrawal of Attention of Authorised Dealers is invited to Annexure V to A.D. (M.A. Series) Circular No.11 dated May 16, 2000. It is indicated thereat that pending issue of further directions, Authorised Dealers are to be guided by the provisions of para 3A.5
RESERVE BANK OF INDIA RBI/2004/96A.P.(DIR Series) Circular No.78 March 13, 2004To All Authorised Dealers in Foreign Exchange Dear Sirs/Madam, Foreign Inward Remittance Payment System (FIRPS) Instrument – Withdrawal of Attention of Authorised Dealers is invited to Annexure V to A.D. (M.A. Series) Circular No.11 dated May 16, 2000. It is indicated thereat that pending issue of further directions, Authorised Dealers are to be guided by the provisions of para 3A.5
மார். 06, 2004
Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) (Amendment) Regulations, 2004
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001. Notification No.FEMA.113/ 2004-RB Dated 6 March 2004 Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) (Amendment) Regulations, 2004 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999)
[A.P.(DIR Series) Circular No.97 dated June 21, 2004] RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI 400 001. Notification No.FEMA.113/ 2004-RB Dated 6 March 2004 Foreign Exchange Management (Foreign Currency Accounts by a person Resident in India) (Amendment) Regulations, 2004 In exercise of the powers conferred by clause (b) of Section 9 and clause (e) of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999)
மார். 06, 2004
Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 112 /2004-RB Dated : 6th March 2004 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004 In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of Notification No.FEMA 3/2000-RB
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI - 400 001 Notification No.FEMA 112 /2004-RB Dated : 6th March 2004 Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Amendment) Regulations 2004 In exercise of the powers conferred by clause (d) of sub-section 3 of Section 6 of sub-section (2) of Section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in partial modification of Notification No.FEMA 3/2000-RB
பிப். 24, 2004
Foreign Exchange Management Act (FEMA), 1999 - Current Account Transactions - Liberalisation - A.P (DIR Series) Circular No.76
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI RBI/2004/74 A.P. (DIR Series) Circular No.76 February 24, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Liberalisation Attention of Authorised Dealers (ADs) is invited to Annexure I of A.D. (M.A. Series) Circular No.11 dated May 16, 2000 with regard to Rules relating to Current Account Transactions. 2. As
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENT CENTRAL OFFICE MUMBAI RBI/2004/74 A.P. (DIR Series) Circular No.76 February 24, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Exchange Management Act (FEMA), 1999 – Current Account Transactions – Liberalisation Attention of Authorised Dealers (ADs) is invited to Annexure I of A.D. (M.A. Series) Circular No.11 dated May 16, 2000 with regard to Rules relating to Current Account Transactions. 2. As
பிப். 23, 2004
External Commercial Borrowings (ECB) for Overseas Direct Investment/Mergers and Acquisitions - A.P (DIR Series) Circular No.75
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT Central Office Mumbai 400 001 RBI/2004/72 A.P.(DIR Series) Circular No. 75 February 23, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, External Commercial Borrowings (ECB) for Overseas Direct Investment/Mergers and Acquisitions Authorised Dealers’ attention is invited to the revised External Commercial Borrowings (ECB) guidelines issued vide A.P. (DIR Series) Circular No.60 dated January 31, 20
RESERVE BANK OF INDIA FOREIGN EXCHANGE DEPARTMENT Central Office Mumbai 400 001 RBI/2004/72 A.P.(DIR Series) Circular No. 75 February 23, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, External Commercial Borrowings (ECB) for Overseas Direct Investment/Mergers and Acquisitions Authorised Dealers’ attention is invited to the revised External Commercial Borrowings (ECB) guidelines issued vide A.P. (DIR Series) Circular No.60 dated January 31, 20
பிப். 20, 2004
FEMA 1999 - Grant of Loans by Indian Companies to the Employees of their Branches Outside India - A.P (DIR Series) Circular No.74
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAIRBI/2004/67 A.P. (DIR Series) Circular No.74 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA 1999 - Grant of Loans by Indian Companies to the Employees of their Branches Outside India Attention of Authorised Dealers is invited to A. D. (M. A. Series) Circular No. 11 dated May 16, 2000. In Regulation 5 of Foreign Exchange Management (Borrowing or Lending in Foreign Exch
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAIRBI/2004/67 A.P. (DIR Series) Circular No.74 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA 1999 - Grant of Loans by Indian Companies to the Employees of their Branches Outside India Attention of Authorised Dealers is invited to A. D. (M. A. Series) Circular No. 11 dated May 16, 2000. In Regulation 5 of Foreign Exchange Management (Borrowing or Lending in Foreign Exch
பிப். 20, 2004
Exim Bank's Line of Credit of USD 10 million to ABSA Bank Ltd., South Africa - A.P (DIR Series) Circular No.70
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001 RBI/2004/63 A.P. (DIR Series) Circular No.70 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit of USD 10 million to ABSA Bank Ltd., South Africa Export-Import Bank of India (Exim Bank) has concluded an agreement with ABSA Bank Ltd., South Africa on July 4, 2003 making available to the latter, a Line of Credit (LOC) upto an aggregate sum o
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001 RBI/2004/63 A.P. (DIR Series) Circular No.70 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Exim Bank's Line of Credit of USD 10 million to ABSA Bank Ltd., South Africa Export-Import Bank of India (Exim Bank) has concluded an agreement with ABSA Bank Ltd., South Africa on July 4, 2003 making available to the latter, a Line of Credit (LOC) upto an aggregate sum o
பிப். 20, 2004
Export of Goods to Russia against Repayment of State Credits in Rupees - Payment of Agency Commission - A.P (DIR Series) Circular No.71
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001 RBI/ 2004/64 A.P. (DIR Series) Circular No.71 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Export of Goods to Russia against Repayment of State Credits in Rupees – Payment of Agency Commission Attention of Authorised Dealers is invited to A.D (MA Series) Circular No.11 dated May 16, 2000 forwarding therewith, inter-alia, a copy of Notification No.GSR 381(E)
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001 RBI/ 2004/64 A.P. (DIR Series) Circular No.71 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam / Sirs, Export of Goods to Russia against Repayment of State Credits in Rupees – Payment of Agency Commission Attention of Authorised Dealers is invited to A.D (MA Series) Circular No.11 dated May 16, 2000 forwarding therewith, inter-alia, a copy of Notification No.GSR 381(E)
பிப். 20, 2004
Foreign Exchange Management Act, 1999 - Import of Goods into India - Evidence of Import - A.P (DIR Series) Circular No.72
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001RBI/ 2004/ 65 A.P. (DIR Series) Circular No.72 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Exchange Management Act, 1999 Import of Goods into India – Evidence of Import Attention of Authorised Dealers is invited to (a) para A.11 of A.P.(DIR Series) Circular No.106 dated June 19, 2003 and (b) item iv of the Notes to BEF statement in the Annexure thereto
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI - 400 001RBI/ 2004/ 65 A.P. (DIR Series) Circular No.72 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Foreign Exchange Management Act, 1999 Import of Goods into India – Evidence of Import Attention of Authorised Dealers is invited to (a) para A.11 of A.P.(DIR Series) Circular No.106 dated June 19, 2003 and (b) item iv of the Notes to BEF statement in the Annexure thereto
பிப். 20, 2004
Export of Goods by way of Gifts - Liberalisation - A.P (DIR Series) Circular No.73
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAIRBI/2004/ 66A.P. (DIR Series) Circular No.73 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Export of Goods by way of Gifts - Liberalisation Attention of Authorised Dealers is invited to A. D. (M.A. Series) Circular No.11 dated May 16, 2000. In terms of Clause (e) of Regulation 4 of Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 vide Notificat
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAIRBI/2004/ 66A.P. (DIR Series) Circular No.73 February 20, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Export of Goods by way of Gifts - Liberalisation Attention of Authorised Dealers is invited to A. D. (M.A. Series) Circular No.11 dated May 16, 2000. In terms of Clause (e) of Regulation 4 of Foreign Exchange Management (Export of Goods and Services) Regulations, 2000 vide Notificat
பிப். 12, 2004
FEMA, 1999 - Grant of Rupee loan to NRIs - Liberalisation - A.P (DIR Series) Circular No.69
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI RBI/2004/55 A.P. (DIR Series) Circular No.69 February 12, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA, 1999 - Grant of Rupee loan to NRIs - Liberalisation Under the provisions of the Foreign Exchange Management (Borrowing and Lending in Rupees) Regulations, 2000 notified vide Notification No. FEMA 4/2000-RB dated May 3, 2000, Authorised Dealers are allowed to grant loans in ru
RESERVE BANK OF INDIAFOREIGN EXCHANGE DEPARTMENTCENTRAL OFFICEMUMBAI RBI/2004/55 A.P. (DIR Series) Circular No.69 February 12, 2004 To All Authorised Dealers in Foreign Exchange Madam/Sirs, FEMA, 1999 - Grant of Rupee loan to NRIs - Liberalisation Under the provisions of the Foreign Exchange Management (Borrowing and Lending in Rupees) Regulations, 2000 notified vide Notification No. FEMA 4/2000-RB dated May 3, 2000, Authorised Dealers are allowed to grant loans in ru
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