https://www.taxtmi.com/manuals?id=2979 Non-resident guarantees for rupee fund-based and non-fund-based facilities do not attract foreign exchange provisions until invoked; guarantors may discharge liabilities from rupee balances in India, by remittance, or by debit to FCNR(B)/NRE accounts. Recovered amounts may be repatriated to FCNR(B)/NRE/NRO accounts subject to the rupee equivalent limit of amounts paid by the guarantor. Credit enhancement by eligible non-residents for rupee capital market instruments is permitted for borrowers eligible under the automatic ECB route, subject to minimum three-year average maturity, cost caps, hedging and reporting conditions. en-us Thu, 06 Jul 2023 12:15:00 +0530 Tue, 13 Jan 2026 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2979 Non-resident guarantees for rupee fund-based and non-fund-based facilities do not attract foreign exchange provisions until invoked; guarantors may discharge liabilities from rupee balances in India, by remittance, or by debit to FCNR(B)/NRE accounts. Recovered amounts may be repatriated to FCNR(B)/NRE/NRO accounts subject to the rupee equivalent limit of amounts paid by the guarantor. Credit enhancement by eligible non-residents for rupee capital market instruments is permitted for borrowers eligible under the automatic ECB route, subject to minimum three-year average maturity, cost caps, hedging and reporting conditions. Manuals FEMA Thu, 06 Jul 2023 12:15:00 +0530 https://www.taxtmi.com/manuals?id=2979