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What precautions have to be taken before raising loan from non-residents?

By IndianMoney , 8 months ago

Borrowings from overseas have to be in compliance with the applicable ECB guidelines or provisions contained in the Foreign Exchange Management (Borrowing and Lending in Foreign Exchange) Regulations, 2018 issued vide Notification No. FEMA 3 (R)/2018-RB dated 17 December 2018, as amended from time to time.

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