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of <h1>Scheme for FCCB Buyback Extended to December 31, 2013 for Authorized Dealer Category-I Banks Under FEMA 1999.</h1> The circular addresses Authorized Dealer Category-I banks, extending the scheme for the buyback or prepayment of Foreign Currency Convertible Bonds (FCCBs) under the approval route until December 31, 2013, after its previous expiration on March 31, 2013. Banks are instructed to inform their clients about this extension. The circular is issued under the Foreign Exchange Management Act, 1999, and does not affect any other required permissions or approvals under different laws.
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