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Are there any restrictions on receipts of unsecured loans in foreign currency from a foreign parent company by its subsidiary company in India?

Yes. There are a lot of restrictions on receipts of unsecured loans in foreign currency from foreign parent company by its subsidiary company in India. These borrowings are called External Commercial Borrowings (ECB). These ECBs are governed by RBI. There are primarily 2 routes for this

  • A...

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