Document title: Governor, Reserve Bank of India meets Representatives of Export Organisations in Mumbai on June 25, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/546
Date: June 25, 2026
Regulatory and Policy Measures
Governor Shri Sanjay Malhotra opened the meeting by emphasizing the pivotal role exporters have played in India’s economic transformation and praised their resilience amid a volatile global trade environment and shifting geopolitical dynamics. He highlighted the importance of such stakeholder engagements for informing RBI’s policy formulation.
The meeting was attended by Deputy Governors Shri Swaminathan J., Dr. Poonam Gupta and Shri Rohit Jain, along with senior RBI officials, reflecting a high‑level commitment to the export sector. Representatives from various Export Federations, Export Promotion Councils, the Export Committee of the Confederation of Indian Industry, and the Foreign Exchange Dealers' Association of India participated.
Discussions centered on matters governed by the Foreign Exchange Management Act (FEMA), 1999, specifically export‑related regulations, export credit facilities, Letters of Credit, and other procedural aspects affecting exporters. Participants shared suggestions and feedback on both policy and operational issues impacting the export ecosystem.
The Governor affirmed that the Reserve Bank will duly examine the feedback received and consider appropriate measures to further support and encourage the export sector in India.
In conclusion, the RBI’s engagement underscores its intent to stay attuned to exporter concerns, review existing regulatory frameworks under FEMA, and potentially refine policies to bolster India’s export competitiveness.