https://www.taxtmi.com/acts?id=2245 An authorised dealer may permit a temporary overdraft in rupee accounts maintained by its overseas branch, correspondent or Head Office outside India subject to Reserve Bank prescribed terms and conditions; the ceiling is five hundred lakhs rupees measured by the aggregate of overdrafts outstanding to all such overseas units in the books of all the authorised dealer's branches in India. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 26 Jun 2025 15:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=2245 An authorised dealer may permit a temporary overdraft in rupee accounts maintained by its overseas branch, correspondent or Head Office outside India subject to Reserve Bank prescribed terms and conditions; the ceiling is five hundred lakhs rupees measured by the aggregate of overdrafts outstanding to all such overseas units in the books of all the authorised dealer's branches in India. Act-Rules FEMA Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=2245