NEW DELHI, April 10 -- The Government of India issued the following FEMA circular:
RBI/2026-27/10
A.P. (DIR Series) Circular No. 06
April 10, 2026
To
All Authorised Dealer Category-I banks
Madam / Sir,
Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 - amendment
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified, vide Notification No. FEMA. 396/2019-RB dated October 17, 2019 (hereinafter "FEMA 396") and the Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025 dated January 07, 2025 (hereinafter "Master Direction"), as amend...