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Guidelines related to exposure of CRM provider would also applicable to Person resident outside India: RBI clarifies

March 23, 2020
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The Reserve Bank of India (RBI) has come up with clarification that guidelines will apply to exposures to a person resident outside India also. In this connection, it is clarified that the clause will also apply to non-fund based credit facilities provided to a person resident outside India ie., the exposure can be reckoned on the person resident outside India
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