https://www.taxtmi.com/notifications?id=3812 Amendments restructure Regulation 6 to permit resident persons to raise foreign currency borrowings via an Automatic Route, an Approval Route with prior Reserve Bank permission, or as Trade Credit, each governed by separate Schedules specifying eligible borrowers and lenders, permitted end uses and prohibitions, minimum average maturities, all in cost ceilings, security, prepayment, parking of proceeds abroad, loan registration, drawdown and reporting requirements; the Reserve Bank may approve borrowings outside the Schedules on such terms as it considers necessary. en-us Mon, 13 Dec 2004 00:00:00 +0530 Sat, 04 Oct 2008 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3812 Amendments restructure Regulation 6 to permit resident persons to raise foreign currency borrowings via an Automatic Route, an Approval Route with prior Reserve Bank permission, or as Trade Credit, each governed by separate Schedules specifying eligible borrowers and lenders, permitted end uses and prohibitions, minimum average maturities, all in cost ceilings, security, prepayment, parking of proceeds abroad, loan registration, drawdown and reporting requirements; the Reserve Bank may approve borrowings outside the Schedules on such terms as it considers necessary. Notifications FEMA Mon, 13 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3812