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Regulatory Update: FCNR(B) Scheme Now Allows Accounts in Any Freely Convertible Currency for Non-Residents.

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Full Text of the Document

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....Opening Foreign Currency (Non-Resident) Account (Banks) Scheme [FCNR(B)] account in any freely convertible currency – liberalisation. - Cir. No. 36 Dated: October 19, 2011....

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