The Reserve Bank of India (RBI) issued FAQs on Oct. 15 to clarify Foreign Exchange Risk Reserve (FERR) requirements set out in two circulars issued earlier this month.
A.P. (DIR Series) Circular No. 26 is dated Oct. 10, 2026, and Circular No. 27 is dated Oct. 12, 2026. The RBI posted the FAQs on its website.


