Loans to Non-Residents Secured by NR(E)RA or FCNR(B) Deposits: Key Compliance Updates in Foreign Exchange Management.

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....Foreign Exchange Management (Deposit) Regulations, 2000-Loans to Non Residents / third parties against security of Non Resident (External) Rupee Accounts [NR (E) RA] / Foreign Currency Non Resident (Bank) Accounts [FCNR (B)] Deposits - Circular....