https://www.taxtmi.com/circulars?id=69191 The amendment updates the External Commercial Borrowing framework and directs Authorised Dealer Category I banks to follow the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 when facilitating FEMA-governed borrowing and lending transactions. It consolidates provisions by deleting specified paragraphs from two Master Directions and removing Part I of the ECB and Trade Credits FAQs, and requires banks to notify affected customers. The directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions or approvals. en-us Mon, 16 Feb 2026 00:00:00 +0530 Tue, 17 Feb 2026 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69191 The amendment updates the External Commercial Borrowing framework and directs Authorised Dealer Category I banks to follow the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 when facilitating FEMA-governed borrowing and lending transactions. It consolidates provisions by deleting specified paragraphs from two Master Directions and removing Part I of the ECB and Trade Credits FAQs, and requires banks to notify affected customers. The directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions or approvals. Circulars FEMA Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69191