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    <title>Foreign Exchange Management (Guarantees) (Amendment) Regulations (5) 2010</title>
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    <description>An authorized dealer bank may, subject to directions issued by the Reserve Bank, permit a person resident in India to issue a corporate guarantee in favour of an overseas lessor for financing import through operating lease effected in conformity with the Foreign Trade Policy and under the provisions of the Foreign Exchange Management (Current Account Transactions) Rules.</description>
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      <description>An authorized dealer bank may, subject to directions issued by the Reserve Bank, permit a person resident in India to issue a corporate guarantee in favour of an overseas lessor for financing import through operating lease effected in conformity with the Foreign Trade Policy and under the provisions of the Foreign Exchange Management (Current Account Transactions) Rules.</description>
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