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Amendments to foreign exchange regulations: authorised dealers to notify constituents of updated FDI, export and rupee loan rules. Reserve Bank notified authorised dealers that amendments to the Foreign Exchange Management Regulations, 2000 have been issued and gazetted, enclosing the Notifications and directing dealers to inform constituents. The annex itemises amendments relating to the automatic route for residual FDI activities, export liberalisation (including exports by way of gifts), and liberalisation of rupee loans to non-resident Indians, with corresponding notification and Gazette references for compliance.
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Amendments to foreign exchange regulations: authorised dealers to notify constituents of updated FDI, export and rupee loan rules.
Reserve Bank notified authorised dealers that amendments to the Foreign Exchange Management Regulations, 2000 have been issued and gazetted, enclosing the Notifications and directing dealers to inform constituents. The annex itemises amendments relating to the automatic route for residual FDI activities, export liberalisation (including exports by way of gifts), and liberalisation of rupee loans to non-resident Indians, with corresponding notification and Gazette references for compliance.
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