Overseas foreign currency borrowings of Authorised Dealer Category-I banks

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Full Text of the Document

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....hange Management (Borrowing and Lending) Regulations, 2018 [Notification no. FEMA 3(R)/2018-RB dated December 17, 2018] and Master Direction - Risk Management and Inter-Bank Dealings dated July 05, 2016, as amended from time to time. 2. As announced in paragraph 4 of the press release on "Liberalisation of Forex Flows" dated July 06, 2022, AD Cat-I banks can utilise the funds raised from overseas....