RBI amends FEMA Regulations for INR Lending to Bhutan, Nepal, Sri Lanka: The notification amends FEMA Borrowing and Lending Regulations. The key change permits an Authorised Dealer (AD) Category-I bank in India to lend in Indian Rupees (INR) to a person resident outside India, provided that the recipient is a resident of Bhutan, Nepal, or Sri Lanka. This lending facility, which also includes banks in these three specific jurisdictions, is strictly intended for cross-border trade transactions, to facilitate trade with these neighbouring countries.