Acceptance Of Deposit By A Company In India From Nris On Repatriation Basis
[Deposits in India by an NRI]
A company incorporated in India including NBFC registered with Reserve Bank has been granted general permission to accept deposits from NRIs on repatriation basis subject to terms and conditions specified in Schedule 6 to these regulations. General permission has also been granted for repayment of deposits by the company which has accepted deposits under the Scheme by inward remittance or by credit to NRE/FCNR account maintained with an authorised dealer of the bank in India subject to the conditions specified in paragraph (x) of this Schedule.
Deposits in India by an NRI ( Non-Resident Indian)
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