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Please Help: Foriegn Borrowings

Posted Date : 08-Sep-2012 , 06:14:16 pm | Posted By: CA Sunil Kumar Jain

Category : FEMA | Answers : 0| Comments : 0| Hits: 331

Can an Individual resident in India borrow US $ 1 or 2 million? If yes, what are the formalities? Can an Individual resident in India open a Branch overseas? If yes, what are the formalities? Can the overseas branch borrow overseas and transfer money to head office in India?

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