Cross-border INR lending: AD banks may extend rupee loans to residents of Bhutan, Nepal and Sri Lanka for trade. An Authorised Dealer bank may lend in Indian Rupees to a person resident outside India who is resident in Bhutan, Nepal or Sri Lanka, including banks in those jurisdictions, for cross-border trade transactions, by insertion of clause (iv) into regulation 7 (sub-regulation A) of the Foreign Exchange Management (Borrowing and Lending) Regulations, 2018; the amendment is titled the Foreign Exchange Management (Borrowing and Lending) (Amendment) Regulations, 2025 and commences on notification in the official gazette.