Foreign borrowing eligibility expanded; permitted entities may borrow in foreign exchange subject to annual caps. Amendments clarify that companies registered under the Companies Act, excluding financial intermediaries, and specified non government micro finance organisations are eligible to borrow in foreign exchange; the Reserve Bank may designate other eligible entities. Annual borrowing caps are set separately for eligible companies under the Automatic Route and for micro finance NGOs, with borrowings measured by the financial year. Permitted end uses are broadened to include other eligible purposes as specified by the Reserve Bank. The amendment is deemed effective from April 25, 2005, and is enacted pursuant to the Reserve Bank's powers under the Foreign Exchange Management Act.