Foreign Exchange Department - ربی - Reserve Bank of India
- Accordion Title
- Foreign Exchange Department (FED)
- Accordion SubTitle
- Accordion Id
- Accordion Description
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Sl. No. Service Timeline
(days)iSubmission Mode Authorised Dealer (AD) / Money Transfer Service Scheme (MTSS) / Rupee Drawing Arrangement (RDA) 155 Issue of AD Cat-I license 30 PRAVAAH 156 Issue and Renewal of AD Cat-III license 30 PRAVAAH 157 Issue of first permission to undertake Rupee Drawing Arrangement (RDA) scheme 30 PRAVAAH 158 Issue and Renewal of license to conduct MTSS business 30 PRAVAAH 159 Issue and Renewal of Money Changer's license 40 PRAVAAH 160 Issue and Renewal of AD Cat-II license 40 PRAVAAH Compounding 161 Compounding of contraventions of FEMA, 1999 180 PRAVAAH Exports 162 Export receivables / payables outside ACU mechanism 10 PRAVAAH 163 Permission for waiving GR Form formalities for exports 10 PRAVAAH 164 Refund / Retention of advance 10 PRAVAAH 165 Resolution of IDPMS / EDPMS issues 10 PRAVAAH 166 Set-Off / Write-Off 10 PRAVAAH External Commercial Borrowing (ECB) / Foreign Currency Convertible Bonds (FCCB) 167 Trade credit under approval route 7 PRAVAAH 168 Approval for deviation from the extant framework for ECBs already availed under automatic route 15 PRAVAAH 169 ECB – Under approval route 40 PRAVAAH 170 Approval to undertake borrowing or lending transaction under FEMA-Reg. 3 of FEMA 3R 40 PRAVAAH 171 Approval to undertake guarantee transaction under FEMA-Reg. 3 of FEMA 8 40 PRAVAAH Foreign Currency Accounts 172 To open foreign currency account in India 7 PRAVAAH 173 To open foreign currency account outside India 7 PRAVAAH 174 To receive salary outside India in foreign currency account 7 PRAVAAH 175 To open Non-Resident Ordinary (NRO) account 30 PRAVAAH Foreign Investment 176 References relating to reporting received from AD branches / individuals / companies 15 PRAVAAH 177 Foreign Direct Investment (FDI): References / clarifications / approvals sought under extant FDI Rules / Regulations (should be invariably routed through AD banks) 30 PRAVAAH General Purpose 178 General References related to acquisition, sale, etc. of immovable properties, External Payments, Trade, EDPMS, IDPMS, Overseas Investment, Authorised Persons, Liaison Office / Branch Office / Project Office, Foreign Investment under NDI Rules, Non-Resident Foreign Currency Accounts, Borrowing / Lending under FEMA 3R, Guarantees 10 PRAVAAH Imports 179 Direct imports 10 PRAVAAH 180 Import receivables / payables outside Asian Clearing Union (ACU) mechanism 10 PRAVAAH 181 Third-country / Merchanting trade / Warehousing 10 PRAVAAH Indian Investment Abroad 182 Disinvestment of shares in Overseas Joint Ventures / Subsidiaries - under approval route 30 PRAVAAH 183 Investment in Overseas Joint Ventures and Wholly Owned Subsidiaries (not covered by automatic route) 30 PRAVAAH 184 Other Overseas Investment - under approval route 30 PRAVAAH Liaison Office (LO) / Branch Office (BO) / Project Office (PO) 185 Permission for establishment of new LO / BO / PO in India under Approval Route 30 PRAVAAH 186 Approval for establishing additional LO / BO in India 30 PRAVAAH Miscellaneous External Payments 187 Approvals given for proposals regarding miscellaneous external payments of permissible Current and Capital Account transactions 40 PRAVAAH Overseas Insurance 188 Approvals to take insurance policies from insurance companies in foreign countries 10 PRAVAAH Transfer / Acquisition of Immovable Property 189 For transfer / acquisition of immovable property under approval route in consultation with Government of India. 30 PRAVAAH 190 Permission for acquisition / transfer of immovable property not covered under general permission in terms of Foreign Exchange Management Act (FEMA), 1999 or the rules / regulations made thereunder. 30 PRAVAAH
Data Releases
This Section provides data on various aspects of Indian economy, banking and finance. While the current data defined as data for the past one year is available at the links provided below, researchers may also access data series available in the Database on Indian Economy link available on this page.
صفحے پر آخری اپ ڈیٹ: جولائی 03, 2025
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