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<h1>Lending in Indian Rupees: rules allow resident lenders and authorised dealers to lend to NRIs/OCIs subject to RBI conditions.</h1> Regulation 7 permits Authorised Dealers to grant rupee loans to NRIs/OCIs for specified personal and business purposes under board approved policies and RBI prudential directions, allows ADs limited temporary overdrafts in rupee accounts of their overseas branches and lending for margin payments in Government Securities, and authorises rupee lending for cross border trade to residents of Bhutan, Nepal and Sri Lanka. Registered NBFCs, housing finance institutions and other specified lenders may provide housing or vehicle loans to NRIs/OCIs; employers may lend under Staff Welfare Schemes; and resident individuals may lend to NRI/OCI relatives within the Liberalised Remittance Scheme, all subject to RBI conditions and a prohibition on restricted end uses.