RBI/2014-15/316
A.P. (DIR Series) Circular No. 41
November 25, 2014
To
All Category I Authorised Dealer Banks
Madam/ Sir,
Routing of funds raised abroad to India
Attention of Authorised Dealers Category - I (AD Category I) banks is invited to the extant regulatory framework under the Foreign Exchange Management Act (FEMA), 1999 related to the External Commercial Borrowings (ECB), issuance of guarantees, and overseas direct investment from India.
2. It
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Notification No : RBI/2014-15/316Published in Community & General