AD may lend to a person resident outside India for making margin payment: RBI

The RBI has notified the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 wherein it has been clarified that AD in India may lend to a person resident outside India for making margin payments in respect of settlement of transactions involving Government Securities.The RBI has notified the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2021 wherein it has been clarified that AD in India may lend to a person resident outside India for making margin payments in respect of settlement of transactions involving Government Securities.taxmann.com Latest Statutory HappeningsRead More

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