News
Foreign exchange rules and Reserve Bank directions.
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FEMA & RBI · 11 September 2026
The draft KYC Amendment Directions, 2026 follow a Supreme Court order of 4 August 2026. Comments were invited up to 2 October 2026.
FEMA & RBI · 11 Sep 2026
The new Act recognises bank records kept in electronic, digital and cloud-based form, standardises their certification, and requires a “special cause” in writing to summon bank officials.
Rule changeFEMA & RBI · 10 Sep 2026
RBI examined the application of UFF against its SRO-FT Framework. FinTech Association for Consumer Empowerment (FACE) was recognised as the first SRO-FT in August 2024.
New facilityFEMA & RBI · 9 Sep 2026
The notices under section 13 of the PMLA are for operating without registering as reporting entities. The registration duty is activity-based and does not depend on physical presence in India.
FEMA & RBI · 21 Aug 2026
Since Press Note 2 of 2026, investors with non-controlling land-bordering-country ownership of up to 10% can use the automatic route after reporting to the Government.
ReliefFEMA & RBI · 12 Aug 2026
The draft Interest Rates on Loans and Advances Directions, 2026 would harmonise the framework for banks, NBFCs, AIFIs, RRBs and co-operative banks. Comments closed on 11 September 2026.
Comments invitedFEMA & RBI · 6 Aug 2026
The Amendment Directions cover fair treatment of borrowers, conduct of employees and recovery agents, and technology-based recovery on financed mobile devices — for banks, NBFCs and HFCs.
Rule changeFEMA & RBI · 5 Aug 2026
The Monetary Policy Committee voted unanimously to hold the repo rate. GDP growth for 2026-27 is projected at 6.7% and CPI inflation at 5.0%.
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