All RBI Circulars October 2025 detailed explanation I Monthly RBI Circulars - October I Hindi

All RBI Circulars October 2025 detailed explanation I Monthly RBI Circulars - October I Hindi

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Timestamp
Merchanting Trade Transactions (MTT) – Review of time period for outlay of foreign exchange - 00:01:37
What is Merchanting Trade Transactions (MTT)? -00:02:25
Export Data Processing and Monitoring System (EDPMS) & Import Data Processing and Monitoring System (IDPMS) – reconciliation of export /import entries – Review of Guidelines - 00:20:59
What is Export Data Processing and Monitoring System (EDPMS)? - 00:22:14
Import Data Processing and Monitoring System (IDPMS) - 00:32:33
Investment in Corporate Debt Securities by Persons Resident Outside India through Special Rupee Vostro account-00:55:22
What is Special Rupee Vostro Accounts (SRVAs)? - 00:58:41


Merchanting Trade Transactions (MTT) – Review of time period for outlay of foreign exchange

Attention of Authorised Dealer Category – I banks (AD banks) is invited to the Circular issued on January 23, 2020 titled “Merchanting Trade Transactions (MTT) - Revised Guidelines”, wherein it has been indicated that ‘The entire MTT shall be completed within an overall period of nine months and there shall not be any outlay of foreign exchange beyond four months. On a review and in order to facilitate merchanting traders to manage their MTT efficiently, it has been decided to increase the time period for outlay of foreign exchange from four to six months. All the other directions indicated in the Circular referred above shall remain unchanged.


Export Data Processing and Monitoring System (EDPMS) & Import Data Processing and Monitoring System (IDPMS) – reconciliation of export /import entries – Review of Guidelines

To facilitate timely closure of entries in EDPMS & IDPMS, and to reduce compliance burden on small exporters and importers, the following directions are being issued. Notwithstanding anything contained in the aforesaid master directions, AD banks shall adopt the following procedure while closing entries (including outstanding entries) in EDPMS & IDPMS of value equivalent to ₹10 lakh per entry/bill or less: Such entries shall be reconciled and closed based on a declaration provided by the concerned exporter that the amount has been realised or by the importer that the amount has been paid. Any reduction in declared value or invoice value of the shipping bills/bills of entry shall also be accepted, based on the declaration by the concerned exporter or importer. The declarations referred above may also be received on a quarterly basis from the exporters and importers in a consolidated manner (by combining several bills in one declaration) for bulk reconciliation and closing of
EDPMS/IDPMS entries.



Investment in Corporate Debt Securities by Persons Resident Outside India through Special Rupee Vostro account

Persons resident outside India that maintain a Special Rupee Vostro Account (SRVA) for international trade settlement in Indian Rupees were permitted to invest their rupee surplus balance in the aforesaid account in Central Government Securities (including Treasury Bills). It has now been decided to also permit investment of these balances in non-convertible debentures/bonds and commercial papers issued by an Indian company.