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    <title>Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 – amendment</title>
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    <description>Reserve Bank of India consolidated existing instructions on non-resident investment in debt instruments into the Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025, as amended. The framework covers investments in debt instruments by Non-Resident Indians and the offering of debt instruments acquired under FEMA 396 as collateral to recognized stock exchanges in India for exchange traded derivative contracts. Authorised Dealer Category-I banks are to note the updated Direction and inform constituents and customers concerned.</description>
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