https://www.taxtmi.com/acts?id=33729 Authorised dealers may lend in Indian Rupees to NRIs and OCI Cardholders for permitted personal, business, housing, vehicle and Board-approved purposes, subject to prudential requirements and restricted end-use compliance. They may also permit prescribed temporary overdrafts in overseas rupee accounts and lend for Government Securities margin payments or eligible cross-border trade. Specified financial institutions may provide housing or vehicle loans, Indian entities may lend to eligible employees under Staff Welfare Schemes, and resident individuals may lend to eligible relatives within the Liberalised Remittance Scheme limit. en-us Sat, 22 Dec 2018 13:34:52 +0530 Tue, 08 Sep 2026 12:17:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33729 Authorised dealers may lend in Indian Rupees to NRIs and OCI Cardholders for permitted personal, business, housing, vehicle and Board-approved purposes, subject to prudential requirements and restricted end-use compliance. They may also permit prescribed temporary overdrafts in overseas rupee accounts and lend for Government Securities margin payments or eligible cross-border trade. Specified financial institutions may provide housing or vehicle loans, Indian entities may lend to eligible employees under Staff Welfare Schemes, and resident individuals may lend to eligible relatives within the Liberalised Remittance Scheme limit. Act-Rules FEMA Sat, 22 Dec 2018 13:34:52 +0530 https://www.taxtmi.com/acts?id=33729