Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liquidity. Key concerns include a contraction in export credit, a proposed restriction on future exports for delayed payments and procedural hurdles in merchanting trade and the EDPMS system.

Exporters have flagged at least half-a-dozen concerns on the revision in Fema rules that come into effect later this year, with the Reserve Bank of India considering several of…

Indian exporters are urging the Reserve Bank of India to reconsider revised FEMA regulations, citing potential disruptions to trade and liquidity. Key concerns include a…