Credit of sale proceeds of Foreign Direct Investments in India to NRE/FCNR (B) accounts - Clarification.

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.... to NRE/FCNR (B) accounts - Clarification Attention of the Authorised Dealer (AD) banks is invited to Regulation 11 of the Notification No. FEMA 20/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000, as amended from time to time. 2. The Committee constituted to Review the Facilities for Individuals....