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of <h1>NRIs Can Now Invest in Indian Company Deposits with Strict Regulatory Guidelines Under Specific Financial Rules</h1> Indian companies, including non-banking finance companies, may accept deposits from Non-Resident Indians or Persons of Indian Origin under specific regulatory conditions. Key requirements include public deposit schemes, Reserve Bank registration, inward remittance through banking channels, interest rate limitations, maximum three-year deposit terms, compliance with existing laws, deposit limits not exceeding 35% of net owned funds, and restrictions on deposit utilization. Repayment must be made through authorized channels to non-resident accounts, with specific provisions for remittance and account crediting.
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