The Reserve Bank of India has today informed banks and other stakeholders that from July 15, 2014, three divisions of Foreign Investment Division (FID) will shift to New Delhi Regional Office of the Reserve Bank of India. The divisions are Liaison/ Branch/Project Office (LO/BO/PO) Division, Non Resident Foreign Account Division (NRFAD) and Immovable Property (IP) Division. The address of the FED, CO Cell is:

FED, CO Cell

Foreign Exchange Department

Reserve Bank of India

New Delhi Regional Office

6, Parliament Street

New Delhi - 110 001

India

The new FED, CO Cell will be headed by Shri P. Shimrah, General Manager who can be contacted on the official email.

The divisions are at present located at 11th Floor, FED, Central Office Building, Mumbai 400001. The divisions will continue to be part of Foreign Exchange Department, Central Office, Mumbai.

Ajit Prasad

Assistant General Manager

Shift of foreign exchange divisions moves three FED units to New Delhi regional office; stakeholders should use new contact. Reserve Bank of India announced relocation of three Foreign Investment Division units-Liaison/Branch/Project Office Division, Non Resident Foreign Account Division, and Immovable Property Division-to the New Delhi Regional Office effective July 15, 2014. The new FED, CO Cell is located at 6 Parliament Street, New Delhi, will be headed by Shri P. Shimrah, General Manager, and stakeholders are to use the New Delhi office as the operative contact point while the divisions remain part of the Foreign Exchange Department, Central Office, Mumbai.