https://www.taxtmi.com/notifications?id=3804 Amendment requires that deposits, Certificates of Deposit or other bank instruments offered to persons resident outside India be issued by banks rated by recognised international agencies and that such ratings are not less than the minimum rating prescribed by the regulator; the amendment is effective immediately under authority of the Foreign Exchange Management Act. en-us Wed, 16 Jun 2004 00:00:00 +0530 Sat, 04 Oct 2008 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3804 Amendment requires that deposits, Certificates of Deposit or other bank instruments offered to persons resident outside India be issued by banks rated by recognised international agencies and that such ratings are not less than the minimum rating prescribed by the regulator; the amendment is effective immediately under authority of the Foreign Exchange Management Act. Notifications FEMA Wed, 16 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3804