MUMBAI, India, Oct. 3 -- Reserve Bank of India issued the following press release:
As announced in the Statement on Developmental and Regulatory Policies dated October 01, 2025, the Reserve Bank had issued the Foreign Exchange Management (Establishment in India of a Branch Office or a Liaison Office or a Project Office or any other place of business) Regulations, 2016, vide Notification No. FEMA 22(R)/2016-RB. dated March 31, 2016.
2. On a review, it has been decided to amend the extant regulations along the following lines:
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The eligibility criteria for establishment of a place of business in India, are proposed to be relaxed.
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The draft proposals offer greater operational freedom by shifting from prescriptive to a principle-base...