Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026

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....ft amendment to Foreign Exchange Management (Borrowing and Lending) Regulations, 2018 pertaining to changes in the External Commercial Borrowing (ECB) Framework on October 03, 2025 for public feedback. The Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations, 2026 dated February 09, 2026 have now been published in the official gazette on February 16, 2026. Authorised D....

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....r Direction - External Commercial Borrowings, Trade Credits and Structured Obligations shall be deleted; (b) Para 2 of Master Direction - Borrowing and Lending transactions in Indian Rupee between Persons Resident in India and Non-Resident Indians/ Persons of Indian Origin shall be deleted; and (c) Part I of FAQs on External Commercial Borrowings (ECB) and Trade Credits shall be ....