The Reserve Bank of India has notified the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026 on 13 January 2026, introducing a unified regulatory framework for both export and import of goods and services. These regulations will come into effect from 1 October 2026.

The new framework is designed to simplify procedures, enhance transparency, and promote ease of doing business, particularly for small exporters and importers. At the same time, the regulations provide greater operational flexibility to Authorised Dealer (AD) banks, enabling them to deliver faster and more efficient trade-related services to customers.

Given the significance of these changes, the Reserve Bank of India has advised banks to train their trade finance and compliance teams well before the transition date. The new regulations introduce important procedural and operational changes that require a clear understanding by banking professionals involved in foreign exchange transactions.

In this context, EGROW Foundation has curated a structured training for bank officials to ensure that institutions are fully prepared for the transition to the new regulatory regime and can effectively support India’s growing international trade ecosystem.

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