RBI's New Rules Got Banks Reporting Offshore ₹-Fx Deals

Yo, listen up! The RBI just dropped some draft rules for AD Cat-I banks, makin' 'em report those overseas ₹-Fx deals by March 9, 2026. They gotta keep it real with related parties, like parents and siblings, but not those far-off cousins. So, banks better step up their game and flex those reporting skills, ya feel me?




