The Reserve Bank of India (RBI), Bengaluru, successfully organized the Forex for You awareness-cum-interface program at Fairfield Marriott, Belagavi on 11th March, 2025. The event brought together key stakeholders, including officials from the RBI’s Foreign Exchange Department (FED), Customs, the Directorate General of Foreign Trade (DGFT), and representatives from banks and financial institutions.

The program commenced with a welcome address by the Deputy General Manager (DGM) of the FED, followed by the inaugural address delivered by the Regional Director for Karnataka, RBI. The sessions covered various critical aspects of foreign exchange regulations and trade policies.

Customs officials provided insights into trade guidelines, while DGFT officials elaborated on the Foreign Trade Policy. The General Manager of Canara Bank, Circle Office, Hubballi, addressed issues and challenges from the Authorized Dealer (AD) banks' perspective. FED, RBI officials then conducted a detailed session on RBI guidelines, FEMA regulations, and regulatory expectations for trade-related transactions. Additionally, a session on international trade settlement in INR was held, emphasizing the growing importance of local currency trade mechanisms.

The event concluded with an engaging interface and Q&A session, where participants interacted with dignitaries and AD bank officials to clarify doubts and discuss key concerns. The program served as an excellent platform for stakeholders to enhance their understanding of forex regulations and international trade practices.

As part of International Marketing subject, Dr. Ajay Jamnani and students attended the event.