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transfering funds from india to the us
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can i transfer funds from india to usa which i have borrowed in india. funds borrowed in india may not be transferred outside of india as per foreign exchange management act. loans in rupees to non-residents against security of shares or   immovable property in india:-   subject to the directions issued by   the reserve bank from time to time in this regard, an authorised   dealer in india may grant loan to a non-resident indian, e) the loan amount shall not be remitted outside india;
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