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of <h1>RBI Amends Regulation 4: Expands Foreign Exchange Borrowing and Lending Permissions to More Entities in India</h1> The Reserve Bank of India issued the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) (Fifth Amendment) Regulations, 2013, effective upon publication in the Official Gazette. The amendment modifies the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000, specifically Regulation 4, sub-regulation (2), clause (i). It adds that borrowing or lending in foreign exchange can be conducted by entities in India or any other entity permitted by the Reserve Bank. This notification is part of a series of amendments to the original regulations established in 2000.
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