FOREIGN EXCHANGE MANAGEMENT (DEBT INSTRUMENTS) (FOURTH AMENDMENT) REGULATIONS, 2025

MUMBAI, India, Oct. 10 -- Reserve Bank of India issued the following notification:

RESERVE BANK OF INDIA

(Financial Markets Regulation Department)

(CENTRAL OFFICE)

NOTIFICATION

MUMBAI, the 29th September, 2025

Foreign Exchange Management (Debt Instruments) (Fourth Amendment) Regulations, 2025

No. FEMA.396(4)/2025-RB. - In exercise of the powers conferred by clause (a) of sub-section (2) of section 6 and section 47 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Reserve Bank of India hereby makes the following amendments to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 (Notification No. FEMA.396/2019-RB dated October 17, 2019) (hereinafter referred to as 'the Principal Regulation'), namely:-

1. ...