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    <title>Foreign Exchange Management (Guarantees) (Second Amendment) Regulations, 2009</title>
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    <description>An authorised dealer in India may give guarantee or standby letter of credit for obligations of an Indian resident owed to a non resident to cover payment of margin money for approved commodity hedging transactions, subject to terms and conditions stipulated by the Reserve Bank, and the amendment is given retrospective effect without adversely affecting any person.</description>
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