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<h1>FCNR(B) loans excluded from ECB framework, so domestic foreign currency lending by AD Category I banks falls outside ECB rules.</h1> Foreign currency loans extended domestically by AD Category I banks from the proceeds of FCNR(B) deposits are not captured within the ECB framework under FEMA, and therefore are outside ECB-specific approval, documentation and reporting requirements while remaining subject to other applicable FEMA and banking regulations.