The Illusion of Deregulation: Why FEMA Isn’t Disappearing, It’s Entering a Zero-Tolerance Era
A persistent rumor has been quietly circulating among corporate finance desks, export councils, and cross-border businesses: FEMA is becoming a toothless, orphan regulation. With the Reserve Bank of India (RBI) systematically delegating operational powers to Authorised Dealer (AD) Category-I banks,…

