Due date of repayment permits continuation of borrowings under prior regulations until their scheduled repayment under current lending rules. Borrowings contracted under prior regulations may be continued as permitted up to the due date of repayment under the Foreign Exchange Management ... Summary
Due date of repayment permits continuation of borrowings under prior regulations until their scheduled repayment under current lending rules.
Borrowings contracted under prior regulations may be continued as permitted up to the due date of repayment under the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, preserving existing arrangements until their scheduled repayment without altering repayment obligations.
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