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of <h1>Indian residents can provide External Commercial Lending to foreign borrowers under specific Reserve Bank conditions</h1> Indian residents may extend External Commercial Lending to foreign borrowers under specific conditions. Authorized dealers can lend to foreign entities where Indian entities have made overseas direct investments. Foreign branches of Indian banks may provide loans in normal banking operations. Eligible entities can lend to foreign entities they have invested in. Residents may lend from EEFC accounts for trade purposes to overseas importers. Indian companies can provide foreign exchange loans to overseas branch employees for personal purposes under staff welfare schemes, subject to Reserve Bank conditions.
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