Tag Archives: Foreign Currency loan

Foreign Currency loan Questions and Answers

By | August 14, 2015

Foreign Currency loan Question:  Whether the A person resident in India can borrow in foreign currency ? A person resident in India can raise foreign currency loans with permission of RBI. Provisions are prescribed in Foreign Exchange Management (Borrowing or Lending in Foreign Exchange) Regulations, 2000. The borrowing in foreign exchange may be from an overseas… Read More »