RBI Extends Export Fund Repatriation Period to Three Months; Permits Rupee Loans Abroad
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3 Articles
New Delhi: The Reserve Bank of India (RBI) has made significant amendments to foreign exchange management regulations to simplify and support foreign trade and payments. Authorized dealer (AD) banks in India and their overseas branches can now lend in Indian rupees to individuals and entities in Bhutan, Nepal, and Sri Lanka, including banks in these regions, to facilitate cross-border trade transactions, an RBI release said. In January 2025, the…
RBI Extends Export Fund Repatriation Period to Three Months; Permits Rupee Loans Abroad
RBI Extends Export Fund Repatriation Period to Three Months; Permits Rupee Loans Abroad The Reserve Bank of India (RBI) has recently issued a press release dated October 13, 2025, titled “Facilitation of External Trade and Payments – Amendment to Regulations”. According to the press release, the central bank has introduced a few amendments to the […]
RBI Update - Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Seventh Amendment) Regulations, 2025 - Mehta & Mehta
The Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Seventh Amendment) Regulations, 2025 amend the 2015 principal regulations to include a definition for “International Financial Services Centre (IFSC)” as per the International Financial Services Centres Authority Act, 2019. The amendment allows Indian exporters to open, hold, and maintain foreign currency accounts with banks outside India, including those …
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