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ARTICLE · 24 JANUARY 2025

AKP Banking & Finance Digest- January 20, 2025

AK & Partners
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The Reserve Bank of India ("RBI") has introduced the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Third Amendment) Regulations, 2025.

GlobalFinance and Banking
Anuroop Omkar
Anuroop Omkar

1. Regulatory Updates

1.1. India

1.1.1. RBI amends FEMA regulations for non-debt instrument investments

The Reserve Bank of India (“RBI”) has introduced the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Third Amendment) Regulations, 2025. Key highlights include updated payment and remittance rules across various investment categories: equity instruments, foreign portfolio investments, Limited Liability Partnerships (LLPs), and Indian depository receipts. Investments must comply with inward remittance or designated account requirements under the Foreign Exchange Management Act (“FEMA”) (Deposit) Regulations, 2016. RBI

1.1.2. RBI updates regulations for foreign currency accounts by Indian exporters

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