Reserve Bank authority to administer non-debt rules enables issuance of directions to ensure effective implementation. These Rules vest administration in the Reserve Bank, authorising it to administer the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and ... Summary
Reserve Bank authority to administer non-debt rules enables issuance of directions to ensure effective implementation.
These Rules vest administration in the Reserve Bank, authorising it to administer the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 and to interpret and issue directions, circulars, instructions and clarifications as necessary to ensure effective implementation and application of the Rules.
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