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Rupee Drawing Arrangement - Trade related remittance limit

FEMA - 9 - Dated:- 20-10-2016 - RBI/2016-17/91 A.P. (DIR Series) Circular No. 9 October 20, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to A.P. (DIR Series .....

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has been decided that the permitted trade transaction, under the Rupee Drawing Arrangements (RDAs) shall not exceed fifteen lakh rupees per transaction. All other instructions issued vide A.P. (DIR Series) Circular No. 28 [A. P. (FL/RL Series) Circu .....

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notification no. FEMA 14(R)/2016-RB dated May 02, 2016 vide G.S.R No. 480(E) dated May 3, 2016. Master Direction No.2 dated January 1, 2016 is being updated, to reflect the changes. The other instructions issued vide the above mentioned circulars sh .....

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