Foreign currency credit facilities allowed for project offices when authorised dealer banks ensure compliance with regulatory instructions. Provision of a foreign currency credit facility to liaison, branch or project offices of foreign entities in India is permissible, subject to the ... Summary
Foreign currency credit facilities allowed for project offices when authorised dealer banks ensure compliance with regulatory instructions.
Provision of a foreign currency credit facility to liaison, branch or project offices of foreign entities in India is permissible, subject to the authorised dealer bank ensuring adherence to extant regulatory instructions under the foreign exchange framework.
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