https://www.taxtmi.com/acts?id=2238 Indian companies may raise rupee borrowings from NRIs/PIOs through Non-convertible Debentures issued by public offer, with interest capped relative to the prime lending rate, a minimum three-year maturity, and exclusion for specified businesses. The company must file detailed remittance and issue particulars with the Reserve Bank within thirty days, including investor lists, amounts, authorised dealers, and a company secretary's compliance certificate. Repatriation issues must comply with foreign investment ceilings and be funded by remittance or NRE/FCNR transfers; non-repatriation issues may use NRE/NRO/FCNR/NRNR/NRSR accounts, with NRSR-funded investments and returns non-repatriable. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 14:58:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2238 Indian companies may raise rupee borrowings from NRIs/PIOs through Non-convertible Debentures issued by public offer, with interest capped relative to the prime lending rate, a minimum three-year maturity, and exclusion for specified businesses. The company must file detailed remittance and issue particulars with the Reserve Bank within thirty days, including investor lists, amounts, authorised dealers, and a company secretary's compliance certificate. Repatriation issues must comply with foreign investment ceilings and be funded by remittance or NRE/FCNR transfers; non-repatriation issues may use NRE/NRO/FCNR/NRNR/NRSR accounts, with NRSR-funded investments and returns non-repatriable. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2238