LIBERALISATION OF FOREIGN PORTFOLIO INVESTMENT UNDER SCHEDULE III OF THE FOREIGN EXCHANGE MANAGEMENT (NON-DEBT INSTRUMENTS) RULES, 2019

MUMBAI, India, June 15 -- Reserve Bank of India issued the following notification:

RBI/2026-27/114

A.P. (DIR Series) Circular No. 14

June 15, 2026

To

All Category - I Authorised Dealer Banks

Madam / Sir

Liberalisation of Foreign Portfolio Investment under Schedule III of the Foreign Exchange Management (Non-debt Instruments) Rules, 2019

Attention of Authorised Dealer (AD) Category - I banks is invited to the Foreign Exchange Management (Non-debt Instruments) Rules, 2019 (hereinafter referred to as 'Rules'), notified by the Central Government on October 17, 2019, which have been amended through the Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2026 vide S.O. 3030(E), dated June 12, 2026, enabling investm...