https://www.taxtmi.com/acts?id=2183 Authorised dealers may lend in foreign currency under defined categories: branches outside India may extend foreign currency loans in the normal course; authorised dealers may grant loans to constituents for foreign exchange requirements, rupee working capital or capital expenditure subject to prudential norms and RBI guidelines; loans to wholly owned subsidiaries or joint ventures abroad are permitted where the Indian entity holds at least 51% equity and foreign security regulations are complied with; loans secured by RFC, NRE or FCNR funds are allowed per account rules; inter-dealer lending is subject to RBI directions. Borrowing in foreign currency is permitted from head offices, branches, correspondents or permitted entities within limits tied to unimpaired Tier I capital or a fixed threshold, and for export credit subject to RBI guidelines. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 13:01:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2183 Authorised dealers may lend in foreign currency under defined categories: branches outside India may extend foreign currency loans in the normal course; authorised dealers may grant loans to constituents for foreign exchange requirements, rupee working capital or capital expenditure subject to prudential norms and RBI guidelines; loans to wholly owned subsidiaries or joint ventures abroad are permitted where the Indian entity holds at least 51% equity and foreign security regulations are complied with; loans secured by RFC, NRE or FCNR funds are allowed per account rules; inter-dealer lending is subject to RBI directions. Borrowing in foreign currency is permitted from head offices, branches, correspondents or permitted entities within limits tied to unimpaired Tier I capital or a fixed threshold, and for export credit subject to RBI guidelines. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2183