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India publishes new rule allowing Nepalis to obtain loans from Indian banks for cross-border trade

KATHMANDU: The Government of India has officially introduced a new financial provision enabling Nepali citizens and institutions to access loans from Indian banks. The measure, published in India’s Official Gazette on October 6, 2025, comes under the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025, issued by the...

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