https://www.taxtmi.com/circulars?id=1934 Companies that issued NCDs/PCDs to NRIs/OCBs on a repatriation basis no longer require prior Reserve Bank permission to remit redemption proceeds, provided they have complied with all other conditions stipulated in their original approval letters and the issuance aligns with the general permission for rupee borrowings by way of NCDs under the FEMA framework. en-us Tue, 05 Nov 2002 00:00:00 +0530 Fri, 03 Oct 2008 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1934 Companies that issued NCDs/PCDs to NRIs/OCBs on a repatriation basis no longer require prior Reserve Bank permission to remit redemption proceeds, provided they have complied with all other conditions stipulated in their original approval letters and the issuance aligns with the general permission for rupee borrowings by way of NCDs under the FEMA framework. Circulars FEMA Tue, 05 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1934