https://www.taxtmi.com/circulars?id=70258 Authorised Dealer Category-I banks may exclude swap positions arising from FCNR (B) deposits, external commercial borrowings and overseas foreign currency borrowings raised under the specified swap-facility circulars, while complying with the applicable NOP-INR requirements under the earlier circular. The direction forms part of the foreign exchange regulatory framework for such swap transactions and is subject to any permissions or approvals required under other laws. en-us Mon, 08 Jun 2026 00:00:00 +0530 Tue, 09 Jun 2026 09:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=70258 Authorised Dealer Category-I banks may exclude swap positions arising from FCNR (B) deposits, external commercial borrowings and overseas foreign currency borrowings raised under the specified swap-facility circulars, while complying with the applicable NOP-INR requirements under the earlier circular. The direction forms part of the foreign exchange regulatory framework for such swap transactions and is subject to any permissions or approvals required under other laws. Circulars FEMA Mon, 08 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=70258