can non resident indian lend money to indiaCNREGULATORY

Querist :
Anonymous
(Querist) 29 March 2011
This query is : Resolved
CAN NONRESIDENT INDIAN CAN LEND HUGE MONEY IN LAKSHES TO INDIAN PERSON WITHOUT PERMISSION OF RBI ,FORIEGN REGULATION AND MONEY LENDING LICENSE
Jitendar Kumar gupta
(Expert) 30 March 2011
yes subject to the rules of RBI and Fora.
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