 "RBI, Reserve Bank of India")
The Reserve Bank of India (RBI) has issued the draft direction on the export and import of goods and services, and the draft Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2025, for comments or feedback from stakeholders before the end of this month. The RBI has also launched the Platform for Regulatory Application, Validation and Authorisation (PRAVAAH), through which online applications for regulatory authorisations, licenses, and approvals should be submitted.
In a significant departure from the practice of giving detailed guidelines, the draft direction merely provides a list of RBI regulations that authorised dealers (ADs) must
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