Foreign exchange borrowing and lending regulations govern cross-border transactions and replace earlier regulatory instruments upon official publication. Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 regulate borrowing and lending between persons resident in India and persons ... Summary
Foreign exchange borrowing and lending regulations govern cross-border transactions and replace earlier regulatory instruments upon official publication.
Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 regulate borrowing and lending between persons resident in India and persons resident outside India under the Foreign Exchange Management Act, 1999. The regulations supersede earlier borrowing and lending regulatory instruments and take effect upon publication in the Official Gazette.
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