RBI Update – Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)
It has been decided that Authorised Persons may facilitate remittances for all permissible purposes under
RBI Update – Export-Import Bank of India’s GOI-supported Line of Credit of USD 2.50 mn to the Government of Co-operative Republic of Guyana, for installation of Solar Photo Voltaic Power Plant at Cheddi Jagan International Airport
Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 29, 2024
RBI Update – Release of foreign exchange for Miscellaneous Remittances
It is now decided that Authorised Dealers shall obtain Form A2 in physical or digital
RBI Update – Online submission of Form A2: Removal of limits on amount of remittance
It is now decided to permit all Authorised Dealers (AD Category-I banks and AD Category-II
RBI Update – Priority Sector Lending – Amendments to the Master Directions
Please refer to Master Directions (MD) on Priority Sector Lending (PSL) dated September 04, 2020 as updated
RBI Update – International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for settlement of trade transactions
Authorised Dealer Category – I (AD Category – I) banks is invited to FED Circular No.
RBI Update – Foreign Exchange Management (Overseas Investment) Directions, 2022 – Investments in Overseas Funds
The following amendments are carried out in the Foreign Exchange Management (Overseas Investment) Directions, 2022:
RBI Update – Amendment to Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2016
It has been decided to revise the definition of bulk deposits for all Scheduled Commercial
RBI Update – Instructions on Money Changing Activities
Full Fledged Money Changers (FFMCs)/non-bank Authorised Dealers (ADs) Category-II may obtain their normal business requirements
RBI Update – Internal Review – Interim Recommendations – Withdrawal of Circulars
The following circular has been withdrawn: S. No. Circular No. Date Subject 1 DOS.No.BC.2/16.13.100/95 March