Facilitation of External Trade and Payments - Amendment to Regulations

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Last updated: 14 October 2025
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This document details amendments made by the Reserve Bank of India to regulations concerning external trade and payments. Key changes include allowing Indian banks to lend in Indian Rupees to entities in Bhutan, Nepal, and Sri Lanka for trade transactions. Additionally, the repatriation period for unutilised foreign currency balances in export proceeds accounts held with IFSC banks in India has been extended to three months. These updates are crucial for businesses engaged in cross-border trade and finance.

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Submitted by online · Posted 14 October 2025 · Other files by Shree · Report
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