RBI Issues Master Direction Consolidating FEMA Regulations and Directions on Non-Resident Investment in Debt Instruments
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- By Chetan Kulasri
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- Last Updated on 10 January, 2025

Circular No. RBI/2024-25/126 FMRD.FMD.No.10/14.01.006/2024-25, Dated 07.01.2025
The Reserve Bank of India has issued the Master Direction on Non-resident Investment in Debt Instruments, 2025, consolidating Foreign Exchange Management (Permissible Capital Accounts Transactions) Regulations, 2000, Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, Foreign Exchange Management (Debt Instruments) Regulations, 2019, and directions.
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