FEMA Amendments for Exporters: Extended Realisation and Shipment Timelines (2025)
India’s central bank has amended the export regulations under FEMA to give exporters more time to realise proceeds and fulfil shipment commitments amid global trade disruptions that have delayed payments and logistics, thereby easing short‑term cash‑flow pressures on firms engaged in goods, software, and services exports. The changes are designed to mitigate the impact of…
Read article
RBI’s Trade Relief Measures, 2025: Moratorium Window, Working Capital Easing, and Extended Export Credit Tenors
*( Ref: RBI Circular No. RBI/2025-26/96/DOR.STR.REC.60/21.04.048/2025-26 dated November 14, 2025) The Reserve Bank of India has issued the RBI (Trade Relief Measures) Directions, 2025 to ease debt-servicing pressures for export-oriented borrowers affected by global trade disruptions. The framework, which applies with immediate effect, enables regulated entities to offer (i) a time-bound moratorium or deferment on…
Read article
RBI’s New Trade Relief Measures 2025: What Exporters, Importers, and Banks Need to Know
The Reserve Bank of India has issued the Reserve Bank of India (Trade Relief Measures) Directions, 2025, through a notification dated November 14, 2025. These measures are designed to ease day-to-day challenges in cross-border trade and simplify foreign exchange (FX) processes for exporters, importers, merchanting traders, and Authorized Dealer (AD) banks. They also build on…
Read article
Why the “Transit Period” in Export Is Often Misunderstood
The “transit period” in export finance refers to the banking time between the date an export bill is negotiated/purchased/discounted by the bank and the date the bill proceeds are received in the bank’s Nostro account, not the shipping time taken by goods to reach the overseas buyer. This period is termed the Normal Transit Period…
Read article
Understanding the “Cooling Period” in the Collection of Foreign Currency Cheques
Introduction In international banking, the collection of foreign currency cheques involves multiple jurisdictions, correspondent relationships, and operational risks. One of the most critical operational controls in this process is the “cooling period” — the waiting interval a bank observes after receiving provisional credit in its Nostro account before releasing funds to the customer. This period…
New Rule: e-Arrival Card Mandatory for Foreign Nationals and OCI Cardholders Traveling to India
In a move to simplify immigration and enhance digital compliance, the Government of India has introduced mandatory online submission of the Electronic Arrival (e-Arrival) Card for all foreign nationals and Overseas Citizens of India (OCI) cardholders traveling to India. This update supports India’s ongoing initiative toward paperless and tech-enabled border processes. Key Requirement From 1…
Read article