https://www.taxtmi.com/acts?id=19370 Business conducted by financial institutions and their branches in an International Financial Services Centre must be in the foreign currency and with persons determined by the concerned Regulatory Authority, whether resident or otherwise. General or specific permission may allow such institutions or branches to conduct that business in Indian rupees with persons determined for that purpose. en-us Fri, 27 Mar 2015 11:38:10 +0530 Wed, 09 Sep 2026 16:51:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19370 Business conducted by financial institutions and their branches in an International Financial Services Centre must be in the foreign currency and with persons determined by the concerned Regulatory Authority, whether resident or otherwise. General or specific permission may allow such institutions or branches to conduct that business in Indian rupees with persons determined for that purpose. Act-Rules FEMA Fri, 27 Mar 2015 11:38:10 +0530 https://www.taxtmi.com/acts?id=19370