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    <title>Foreign Exchange Management (Borrowing or Lending In Foreign Exchange) (Fourth Amendment) Regulations, 2012 - Amendment in Schedule II</title>
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    <description>The Reserve Bank of India has amended the Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations by omitting paragraph 5 of Schedule II, thereby modifying the regulatory provisions governing borrowings and lendings in foreign exchange. The amendment is effected by notification as the Fourth Amendment Regulations, 2012, includes a short title and commencement clause and states the amendment has retrospective effect while asserting no person will be adversely affected by that retrospective application.</description>
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