RBI issues draft guidelines to make sending money home faster - Here's what we know

RBI issues draft guidelines to make sending money home faster - Here's what we know

The Reserve Bank of India (RBI) on Wednesday has issued draft guidelines to make cross-border inward payments easier and faster. In simple words, this will help Indians abroad send money home faster. The RBI said in a draft circular that the move is aimed at improving efficiency in cross-border payments and aligning with the G20 roadmap. It has invited comments on its proposals from banks by November 19, 2025 "The Reserve Bank’s Payments Vision …