Skip to main content
Language
हिंदी
Search the Website
Search
Home
About Us
Notifications
Press Releases
Speeches & Interviews
Publications
Annual
Half-Yearly
Quarterly
Bi-monthly
Monthly
Weekly
Occasional
Reports
Working Papers
Mint Street Memos
Memorial Lectures
Research
External Research Schemes
RBI Occasional Papers
Working Papers
RBI Bulletin
History
DRG Studies
KLEMS
State Statistics and Finances
Statistics
Data Releases
Database on Indian Economy
Public Debt Statistics
Regulatory Reporting
Banks
Commercial Banks
Forms
Returns
Co-operative Banks
Forms
Returns
Non banks
NBFCs
Forms
Returns
NDSIs
Forms
Returns
All India FInancial Institutions
NABARD
Forms
Returns
NHB
Forms
Returns
SIDBI
Forms
Returns
EXIM Bank
Forms
Returns
Other Financial Intermediaries
Primary Dealers
Forms
Returns
Payment System operators
Forms
Returns
Authorised Persons Under FEMA
Forms
Returns
Any Other
Forms
Returns
Home
Notifications
Banker and Debt Manager to Government
Co-operative Banking
Commercial Banking
Financial Inclusion and Development
Financial Market
Foreign Exchange Management
Issuer of Currency
Non-banking
Payment and Settlement System
Master Directions
The Reserve Bank of India has started issuing Master Directions on all regulatory matters beginning January 2016. The Master Directions consolidate instructions on rules and regulations framed by the Reserve Bank under various Acts including banking issues and foreign exchange transactions. The process of issuing Master Directions involves issuing one Master Direction for each subject matter covering all instructions on that subject. Any change in the rules, regulation or policy is communicated during the year by way of circulars/press releases. The Master Directions will be updated suitably and simultaneously whenever there is a change in the rules/regulations or there is a change in the policy. All the changes will get reflected in the Master Directions available on the RBI website along with the dates on which changes are made. Explanations of rules and regulations will be issued by way of Frequently Asked Questions (FAQs) after issue of the Master Directions in easy to understand language wherever necessary. The existing set of
Master Circulars
issued on various subjects will stand withdrawn with the issue of the Master Direction on the subject.
Foreign Exchange Management
Mar 26, 2019
Master Direction - External Commercial Borrowings, Trade Credits and Structured Obligations (Updated as on December 10, 2021)
(Supersedes
Master Direction - External Commercial Borrowings, Trade Credit, Borrowing and Lending in Foreign Currency by Authorised Dealers and Persons other than Authorised Dealers (Updated as on November 22, 2018
))
417 kb
Jan 04, 2018
Master Direction – Foreign Investment in India (Updated up to March 17, 2022)
411 kb
Feb 23, 2017
Master Direction – Money Transfer Service Scheme (MTSS)
73 kb
Nov 17, 2016
Master Direction - Insurance (Updated as on December 07, 2021)
146 kb
Jan 04, 2016
Master Direction - Establishment of Branch Office (BO)/ Liaison Office (LO)/ Project Office (PO) or any other place of business in India by foreign entities (Updated as on May 18, 2021)
317 kb
Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad (Updated as on June 24, 2021)
475 kb
Master Direction- Compounding of Contraventions under FEMA, 1999 (Updated as on January 04, 2021)
248 kb
Master Direction – Borrowing and Lending transactions in Indian Rupee between Persons Resident in India and Non-Resident Indians/ Persons of Indian Origin
140 kb
Master Direction - Liberalised Remittance Scheme (LRS) (Updated as on June 20, 2018)
209 kb
Master Direction - Other Remittance Facilities (Updated as on November 6, 2018)
285 kb
Master Direction – Acquisition and Transfer of Immovable Property under Foreign Exchange Management Act, 1999 (Updated as on April 11, 2018)
181 kb
Master Direction - Remittance of Assets (Updated as on April 28, 2016)
287 kb
Master Direction - Deposits and Accounts (Updated as on January 9, 2020)
553 kb
Master Direction – Import of Goods and Services (Updated as on January 06, 2022)
799 kb
Master Direction – Reporting under Foreign Exchange Management Act, 1999 (Updated as on June 08, 2021)
1822 kb
Master Direction - Miscellaneous (Updated as on November 12, 2018)
190 kb
Master Direction – Opening and Maintenance of Rupee/Foreign Currency Vostro Accounts of Non-resident Exchange Houses (Updated as on September 08, 2020)
220 kb
Master Direction – Export of Goods and Services (Updated as on January 08, 2021)
357 kb
Master Direction - Money Changing Activities (Updated as on March 4, 2022)
267 kb
2022
2021
2020
2019
2018
2017
2016
2015
Top