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FEMA regulation


Dinesha shetty (Articled assistant)     29 November 2010

Dinesha shetty
Articled assistant 
 1 likes  53 points

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As per FEMA or RBI regulation is there any restriction for borrowing loan from NRI (> USD2,50,000) by a resident individual, company or firm.

Also, need to know the procedure for availing such loan as per regulation.

Thanks,

Dinesha

avater

neeraj (CA)     29 November 2010

neeraj
CA 
 33 likes  930 points

View Profile | My Other Post

I don't think there is a specified limit under FEMA  (Capital a/c transaction).


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