Key Differences Between FCGPR and FCTRS

Nikhil6803 Jun, 2025Finance

In India, investment is regulated under the Foreign Exchange Management Act (FEMA) and monitored by the Reserve Bank of India (RBI) through specific reporting frameworks. Two key forms are FCGPR and FCTRS, which track different types of foreign direct investment (FDI) transactions. While both relate to capital instruments and foreign exchange, FCGPR is for issuing shares to foreign investors, and FCTRS is for transferring shares between residents and non-residents.