RBI issued the Updated Master Direction - Borrowing and Lending transactions in Indian Rupee between Persons Resident in India and Non-Resident Indians/Persons of Indian Origin

Feb 19, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Finance & Taxation ComplianceThe Reserve Bank of India (RBI) on February 16, 2026, issued the Updated Master Direction - Borrowing and Lending transactions in Indian Rupee between Persons Resident in India and Non-Resident Indians/Persons of Indian Origin.

The following has been stated namely: -

• The Portion regarding the “Persons Resident in India borrowing in INR from NRIs/PIOs” has been deleted which discussed the Available routes for borrowing and the Reporting Requirements.

[Notification No. RBI/FED/2015-16/2]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT