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Reserve Bank of India (RBI) permits rupee loans to neighboring countries for trade
The Reserve Bank of India (RBI) amended Foreign Exchange Management (Borrowing and Lending) Regulations, 2018, allowing Indian banks to extend rupee loans to neighboring countries for trade purposes.
The Authorised Dealer (AD) banks may now lend in Indian Rupees to persons outside India being residents of Bhutan, Nepal or Sri Lanka — including banks in these jurisdictions — for cross-border trade transactions.
Source: Notification No. FEMA 3(R)(4)/2025-RB dated 6 October 2025