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Issuance of master direction consolidating FEMA regulations and directions on non-resident investment in debt instruments
Reserve Bank of India (RBI) issued “Master Direction - Reserve Bank of India (Non-resident Investment in Debt Instruments) Directions, 2025” (Master Direction) consolidating various regulations, directives and circulars concerning investments in debt instruments by non-residents in India. This guide aims to provide a clear and unified reference of regulations that govern non-resident investments in debt instruments to all the stakeholders.
Source: Notification No. RBI/2024-25/126 FMRD.FMD.No.10/14.01.006/2024-25 dated 7 January 2025