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    <title>Borrowings in Foreign Exchange under the Automatic Route (Regulation 6(1))</title>
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    <description>Schedule I authorises foreign exchange borrowings under the Automatic Route subject to prescribed eligibility (companies excluding financial intermediaries; certain NGOs/MFIs; other RBI specified entities), annual per borrower ceilings and lower NGO/MFI limits, specified lender categories, and narrowly defined permissible end uses including real/industrial and defined infrastructure sectors, disinvestment participation and outbound JV/WOS investment. Borrowings must meet minimum average maturities, comply with RBI prescribed all in cost ceilings, security and guarantee restrictions, loan registration, drawdown, reporting and debt servicing procedures; RBI may vary any parameter and permit specified refinancing or bridge finance under stated conditions.</description>
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    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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      <title>Borrowings in Foreign Exchange under the Automatic Route (Regulation 6(1))</title>
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      <description>Schedule I authorises foreign exchange borrowings under the Automatic Route subject to prescribed eligibility (companies excluding financial intermediaries; certain NGOs/MFIs; other RBI specified entities), annual per borrower ceilings and lower NGO/MFI limits, specified lender categories, and narrowly defined permissible end uses including real/industrial and defined infrastructure sectors, disinvestment participation and outbound JV/WOS investment. Borrowings must meet minimum average maturities, comply with RBI prescribed all in cost ceilings, security and guarantee restrictions, loan registration, drawdown, reporting and debt servicing procedures; RBI may vary any parameter and permit specified refinancing or bridge finance under stated conditions.</description>
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