{"id":25532,"date":"2026-01-23T16:25:00","date_gmt":"2026-01-23T10:55:00","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=25532"},"modified":"2026-03-24T14:32:16","modified_gmt":"2026-03-24T09:02:16","slug":"rbi-circular-on-export-realisation","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/rbi-circular-on-export-realisation\/","title":{"rendered":"RBI Circular on Export Realisation &#8211; New Timelines and Rules Explained"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The RBI&#8217;s recent amendments bring much-needed relief to Indian exporters struggling with delayed international payments. The central bank has extended the mandatory export realisation period from nine months to fifteen months, addressing longstanding working capital challenges faced by businesses. This change comes alongside another significant relaxation: exporters now have three years instead of one year to complete shipments against advance payments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This guide examines the Foreign Exchange Management (Export of Goods and Services) (Second Amendment) Regulations, 2026, explaining how the new <\/span><b>rbi circular on export realisation<\/b><span style=\"font-weight: 400;\"> impacts compliance requirements. You&#8217;ll learn about the Master Circular context, practical compliance strategies, and modern collection solutions that help maximise these regulatory benefits.<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0 0 8px 0; display: inline-block;\">Key Takeaways<\/h2>\n<ul style=\"display: inline-block; margin: 0 0 0 10px; padding-left: 18px; vertical-align: top;\">\n<li>The RBI has officially extended the mandatory period for realising and repatriating export proceeds from 9 months to 15 months under the 2025 <a href=\"https:\/\/razorpay.com\/blog\/foreign-exchange-management-act-fema\/\">FEMA<\/a> amendment.<\/li>\n<li>Exporters now have a 3-year window (previously 1 year) to complete shipments against advance payments, provided the advance is declared in export documentation.<\/li>\n<li>The new 15-month timeline applies uniformly to all exporter categories, including <a href=\"https:\/\/razorpay.com\/learn\/sez-in-gst\/\">SEZ<\/a> units, Status Holders, and EOUs, ensuring a level playing field.<\/li>\n<li>Compliance remains critical, as failure to realise proceeds within the new deadline can result in severe FEMA penalties, making accurate EDPMS reporting essential.<\/li>\n<\/ul>\n<\/div>\n<h2><b>What Is the New RBI Circular on Export Realisation?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The introduction outlined how recent amendments provide crucial breathing room for exporters, particularly those using an <a href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/\">international payment gateway<\/a> to receive cross-border payments. The notification&#8217;s foundation lies in specific regulatory changes that reshape export compliance frameworks across India.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The November 13, 2025 notification (FEMA 23(R)\/(7)\/2025-RB) represents a formal amendment to the Foreign Exchange Management (Export of Goods &amp; Services) Regulations, 2015. This <\/span><b>rbi circular on export realisation<\/b><span style=\"font-weight: 400;\"> serves several critical purposes:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Modifies Regulation 9 and Regulation 15 of the principal 2015 regulations<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Harmonises export realisation norms across different exporter categories<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Aims to improve ease of doing business by addressing practical payment challenges<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Takes immediate effect upon publication in the Official Gazette<\/span><\/li>\n<\/ul>\n<h3><b>Extension of Realisation Period (Regulation 9)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The amended Regulation 9 fundamentally changes export payment timelines. Previously, exporters faced a stringent nine-month deadline for realising and repatriating the full value of exports. The new provision extends this to fifteen months from the date of export.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This extension applies uniformly to goods, software, and services exports. The additional six months provides crucial flexibility for recovering payments from overseas buyers, particularly beneficial when dealing with payment disputes or contractual delays.<\/span><\/p>\n<h3><b>Extension for Advance Payments (Regulation 15)<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Regulation 15 amendments address another critical exporter concern. Under previous rules, exporters receiving advance payments had to complete shipments within one year. The revised regulation extends this period to three years.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This extension comes with one key condition: the advance payment must be declared in relevant export documentation. The change particularly benefits exporters handling complex production cycles or long-term manufacturing contracts.<\/span><\/p>\n<h3><b>Who Does This Amendment Apply To?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The harmonised rules create a level playing field across exporter categories:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> SEZ units (Special Economic Zones)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Status Holder Exporters under foreign trade policy<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <a href=\"https:\/\/razorpay.com\/blog\/export-oriented-unit\/\">EOUs<\/a> (Export Oriented Units)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Units in EHTPs (Electronic Hardware Technology Parks)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Units in STPs (Software Technology Parks)<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Units in BTPs (Bio Technology Parks)<\/span><\/li>\n<\/ul>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0;\">Did You Know?<\/h2>\n<p style=\"margin-top: 10px;\"><i><span style=\"font-weight: 400;\">The standard nine-month realisation period originated from the Master Direction on Export of Goods and Services, which consolidates decades of export regulations into one comprehensive framework.<\/span><\/i><span style=\"font-size: 19px; background-color: #ffffff;\">\u00a0<\/span><\/p>\n<\/div>\n<p style=\"text-align: center;\"><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 800; padding: 7px 15px; border-radius: 7px; font-size: 16px; text-decoration: none; display: inline-block; white-space: nowrap;\" href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\">Explore Razorpay&#8217;s Global Payment Solutions<\/a><\/p>\n<h2><b>Comparison: Old vs. New Export Realisation Mandates<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Understanding the specific changes requires examining how new provisions differ from previous mandates. The amendments address two fundamental aspects of export transactions.<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>Parameter<\/b><\/td>\n<td><b>Old Provision (2015 Regulations)<\/b><\/td>\n<td><b>New Provision (2025 Amendment)<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Realisation Period<\/span><\/td>\n<td><span style=\"font-weight: 400;\">9 months from date of export<\/span><\/td>\n<td><span style=\"font-weight: 400;\">15 months from date of export<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Shipment against Advance Payment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">1 year from receipt of advance<\/span><\/td>\n<td><span style=\"font-weight: 400;\">3 years from receipt of advance<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Documentation Requirement<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Standard export documents<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Advance must be declared in export documentation<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Compliance Pressure<\/span><\/td>\n<td><span style=\"font-weight: 400;\">High due to shorter timelines<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Reduced with extended deadlines<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><b>Why Did RBI Introduce These Relaxations?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The comparison above highlights significant operational benefits for exporters. These changes weren&#8217;t arbitrary; they respond to specific economic pressures and business realities.<\/span><\/p>\n<ul>\n<li><b>Global trade disruptions<\/b><span style=\"font-weight: 400;\">: Supply chain challenges and slower international demand create payment delays beyond exporters&#8217; control<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>Liquidity management<\/b><span style=\"font-weight: 400;\">: The extension prevents short-term payment delays from escalating into FEMA violations or credit defaults<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>Long-term contracts<\/b><span style=\"font-weight: 400;\">: Many infrastructure and technology exports involve multi-year implementation cycles requiring flexible timelines<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>Export competitiveness<\/b><span style=\"font-weight: 400;\">: Aligning Indian regulations with global standards supports the government&#8217;s Export Promotion Mission<\/span><\/li>\n<\/ul>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p style=\"color: #0073aa; font-size: 18px; margin: 0;\"><strong><span style=\"color: #0073aa;\"><span style=\"font-size: 18px;\">Pro Tip: <\/span><\/span><\/strong><span style=\"color: rgba(0,0,0,0.74); font-size: 19px; font-weight: 400;\">Document all buyer communications regarding payment delays. AD banks consider these when evaluating extension requests beyond the new 15-month window.<\/span><span style=\"font-size: 19px; background-color: #ffffff; color: rgba(0, 0, 0, 0.74);\">\u00a0<\/span><\/p>\n<\/div>\n<h2><b>Understanding the Master Circular on Export of Goods and Services<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">While these relaxations offer immediate relief, exporters must understand their place within broader regulatory frameworks. The <\/span><b>rbi master circular on realisation of export proceeds<\/b><span style=\"font-weight: 400;\"> serves as the comprehensive guidebook for all export-related regulations.<\/span><\/p>\n<h2><b>How Can Exporters Maintain Compliance?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Master Circular provides the regulatory foundation, but practical compliance requires systematic processes. Even with extended timelines, proper documentation and reporting remain non-negotiable.<\/span><\/p>\n<p><strong>Essential compliance measures include:<\/strong><\/p>\n<ul>\n<li><b>Accurate EDPMS reporting<\/b><span style=\"font-weight: 400;\">: The Export Data Processing and Monitoring System tracks all export transactions. Update shipping bills and realisation status promptly<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>Maintain advance payment proof<\/b><span style=\"font-weight: 400;\">: For the three-year shipment extension, keep certified copies of advance declarations in export documentation<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>Regular e-BRC audits<\/b><span style=\"font-weight: 400;\">: Review outstanding export bills monthly to utilise the 15-month window effectively<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 <\/span><b>AD bank coordination<\/b><span style=\"font-weight: 400;\">: Ensure your bank updates status codes correctly in their systems to reflect realisations<\/span><\/li>\n<\/ul>\n<h2><b>How to Optimise Your International Collections?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Compliance forms the foundation, but efficient collection systems determine whether exporters truly benefit from extended timelines. Modern payment infrastructure can significantly reduce realisation periods.<\/span><\/p>\n<p><strong>Key optimisation strategies:<\/strong><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> Reduce FX fees and transaction costs to improve profit margins<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Implement virtual accounts for simplified payment reconciliation<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Digitise FIRC generation to eliminate manual bank visits<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Explore alternatives to traditional wire transfers for faster settlements<\/span><\/li>\n<\/ul>\n<h3><b>Challenges with Traditional Wire Transfers<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Traditional banking methods create unnecessary friction in international collections:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> High SWIFT fees ranging from \u20b9750 to \u20b92,000 per transaction<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Opaque exchange rates with hidden markups of 1-3.5%<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Manual FIRC collection requiring multiple bank visits<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">\u2022 Delayed reconciliation due to missing reference numbers<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These inefficiencies compound realisation delays despite regulatory extensions.<\/span><\/p>\n<h3><b>Razorpay MoneySaver Export Account<\/b><\/h3>\n<p>Modern payment solutions address these traditional banking limitations. The Razorpay <a href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/\">multi currency business account<\/a> enables seamless international collections through local virtual accounts.<\/p>\n<h2><b>How Razorpay MoneySaver Export Account Simplifies Global Collections<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Building on traditional payment challenges,<\/span><a href=\"https:\/\/razorpay.com\/blog\/rbi-circular-on-export-realisation\"> <span style=\"font-weight: 400;\">innovative solutions<\/span><\/a><span style=\"font-weight: 400;\"> transform how exporters manage international receipts. The extended realisation timelines create opportunities for more strategic collection approaches.<\/span><\/p>\n<div style=\"background: #f5faff; border-radius: 14px; padding: 30px; text-align: center; margin: 42px 0; box-shadow: 0 8px 20px rgba(26,115,232,0.08);\">\n<h2 style=\"color: #1a73e8; font-size: 24px; font-weight: bold; margin-bottom: 12px;\"><strong>Simplify Global Collections with Razorpay<\/strong><\/h2>\n<p style=\"color: #444; font-size: 16px; max-width: 720px; margin: 0 auto 18px; line-height: 1.6;\"><strong>Upgrade your export collections with a modern setup that speeds up receipts, improves<br \/>\nvisibility, and reduces cost surprises compared to traditional channels.<br \/>\n<\/strong><\/p>\n<p><a style=\"display: inline-block; background: #1a73e8; color: #ffffff; padding: 14px 26px; font-size: 16px; font-weight: bold; border-radius: 10px; text-decoration: none;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/?utm_source=blog&amp;amp;utm_medium=referral&amp;amp;utm_campaign=internationalpayments%22%3E%3Cem%3E%3Cstrong%3ERazorpay%E2%80%99s&quot;\">Explore Razorpay\u2019s MoneySaver Export Account<\/a><span style=\"font-size: 19px; background-color: #ffffff;\">\u00a0<\/span><\/p>\n<\/div>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The RBI&#8217;s extension of export realisation timelines from nine to fifteen months, coupled with the three-year advance payment shipment window, provides substantial operational relief. These measures directly address cash flow pressures in challenging global markets.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Staying updated with the <\/span><b>rbi circular on export realisation<\/b><span style=\"font-weight: 400;\"> and broader Master Circular ensures continued compliance. Adopting efficient payment partners helps exporters maximise these regulatory benefits while reducing collection costs and compliance burden.<\/span><\/p>\n<h2><b>FAQs:<\/b><\/h2>\n<h3><b>1. What is the new time limit for realising export proceeds in 2026?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Under the Foreign Exchange Management (Second Amendment) Regulations, 2026, the mandatory time limit for realising and repatriating full export value has been extended from 9 months to 15 months.<\/span><\/p>\n<h3><b>2. Does the 15-month realisation period apply to SEZ units?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, the amendment harmonises the rules, making the 15-month realisation period applicable to all exporters, including SEZ units, Status Holders, EOUs, and technology park units.<\/span><\/p>\n<h3><b>3. How long do I have to ship goods after receiving an advance payment?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Exporters are now allowed up to three years from the date of receiving an advance payment to complete the shipment, provided the advance was declared in the export documentation.<\/span><\/p>\n<h3><b>4. Is the extension to 15 months automatic or do I need to apply?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The extension is automatic and effective immediately upon the notification&#8217;s publication in the Official Gazette; exporters do not need to file individual applications to utilise the 15-month window.<\/span><\/p>\n<h3><b>5. What are the penalties for not realising export proceeds within the stipulated time?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Failure to realise proceeds within the mandated period is a FEMA contravention, which can attract penalties up to three times the sum involved (300%) and potential scrutiny from the Enforcement Directorate.<\/span><\/p>\n<h3><b>6. Do I need to declare advance payments to avail the 3-year shipment window?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, the 3-year extension for shipment against advance payments is conditional upon the advance being explicitly declared in the relevant export documentation.<\/span><\/p>\n<h3><b>7. How does this amendment affect the RBI Master Circular?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">This specific notification amends the regulations immediately, and the broader Master Circular on Export of Goods and Services will be updated (typically in July) to reflect these consolidated changes.<\/span><br \/>\n<script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the new time limit for realising export proceeds in 2025?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Under the Foreign Exchange Management (Second Amendment) Regulations, 2025, the mandatory time limit for realising and repatriating full export value has been extended from 9 months to 15 months.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Does the 15-month realisation period apply to SEZ units?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Yes, the amendment harmonises the rules, making the 15-month realisation period applicable to all exporters, including SEZ units, Status Holders, EOUs, and technology park units.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How long do I have to ship goods after receiving an advance payment?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Exporters are now allowed up to three years from the date of receiving an advance payment to complete the shipment, provided the advance was declared in the export documentation.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Is the extension to 15 months automatic or do I need to apply?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The extension is automatic and effective immediately upon the notification's publication in the Official Gazette; exporters do not need to file individual applications to utilise the 15-month window.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What are the penalties for not realising export proceeds within the stipulated time?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Failure to realise proceeds within the mandated period is a FEMA contravention, which can attract penalties up to three times the sum involved (300%) and potential scrutiny from the Enforcement Directorate.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Do I need to declare advance payments to avail the 3-year shipment window?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Yes, the 3-year extension for shipment against advance payments is conditional upon the advance being explicitly declared in the relevant export documentation.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"How does this amendment affect the RBI Master Circular?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"This specific notification amends the regulations immediately, and the broader Master Circular on Export of Goods and Services will be updated (typically in July) to reflect these consolidated changes.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RBI&#8217;s recent amendments bring much-needed relief to Indian exporters struggling with delayed international payments. The central bank has extended the mandatory export realisation period from nine months to fifteen months, addressing longstanding working capital challenges faced by businesses. This change comes alongside another significant relaxation: exporters now have three years instead of one year<\/p>\n","protected":false},"author":142,"featured_media":26452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-25532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/142"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=25532"}],"version-history":[{"count":7,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25532\/revisions"}],"predecessor-version":[{"id":26358,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25532\/revisions\/26358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/26452"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=25532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=25532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=25532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}