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of <h1>Indian companies can borrow up to USD 500 million in foreign currency under automatic route with specific conditions</h1> Foreign exchange management regulations establish conditions for Indian residents to raise foreign currency loans through various schemes. Companies registered under the Companies Act, excluding financial intermediaries, and specified non-government organizations engaged in micro-finance activities are eligible to borrow. Borrowing limits range from USD 5 million for NGOs to USD 500 million for companies under automatic route. Multiple schemes exist including short-term loans, general corporate purpose loans, and infrastructure project financing. Funds cannot be used for stock market investment or real estate business. Applications require Reserve Bank approval using prescribed forms, with loans available from overseas banks, equipment suppliers, or international capital markets.
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