Reserve Bank of India said draft rules clearly separate procedural provisions of the Foreign Exchange Management Act (FEMA) from policy and sector-specific requirements, including streamlining procedures, lowering compliance burdens and providing greater operational flexibility through an investor-friendly regulatory framework.

2026-07-21

Reserve Bank of India said draft rules clearly separate procedural provisions of the Foreign Exchange Management Act (FEMA) from policy and sector-specific requirements, including streamlining procedures, lowering compliance burdens and providing greater operational flexibility through an investor-friendly regulatory framework.