Section 11 in The Foreign Exchange Management (Borrowing Or Lending In Foreign Exchange) Regulations, 2000
11.
/563In exercise of the powers conferred by clause (f) of sub-section (3) of section 6, sub--section (2) of section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank makes the following regulations for borrowing or lending in foreign exchange by a person resident in India, namely:--
