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Can persons resident in India subscribe to bonds (foreign currency/INR) issued by eligible ECB borrowers in overseas centres or IFSCs as permitted in the ECB framework?

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....s (ECB) and Trade Credits - As on Jun 26, 2023 - FEMA - FAQ<br>FEMA<br>Ans. No. AD banks should ensure that persons resident in India do not have any exposure to borrowings by eligible entities under ....

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