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RBI Update - Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 - Mehta & Mehta
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RBI Update - Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025 - Mehta & Mehta
The “Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) (Sixth Amendment) Regulations, 2025” primarily focuses on extending the qualification period for opening a Diamond Dollar Account (DDA) from 2 to 3 years for individuals residing in India. Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12860&Mode=0 The post RBI Update – Foreign Exchange Management (Foreign Currency Accounts by a Person Res…
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