What happens when the foreign share capital reaches the Indian bank account?
Last updated: Nov 11, 2026, 19:02 (UTC+08:00)
The bank records the inward remittance and completes its KYC, and the company must issue shares within 60 days of receiving the money or return it. The share issue is then reported to the RBI on form FC-GPR within 30 days. We track both dates from the day the funds arrive (confirm with your specialist).
Source: Reserve Bank of India (FEMA reporting: FC-GPR), Reserve Bank of India