RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
Fema / RBI : Discover the regulatory changes in the Non-Banking Financial Company (NBFC) sector under the Scale Based Regulation (SBR) framewor...
Fema / RBI : Discover the responsibilities of NBFCs registered with RBI, including various compliances and submission requirements. Ensure adhe...
Fema / RBI : Explore the significance of Priority Sector Lending mandated by RBI, its impact on rural development, financial inclusion, challen...
Fema / RBI : Explore the necessity for a robust monitoring regime post the Paytm Payment Bank failure. Understand RBI's observations and measur...
Fema / RBI : Explore the complexities of treating Foreign-Owned or Controlled Companies (FOCC) in Indian downstream investments under FEMA. Ana...
Fema / RBI : Explore how the Reserve Bank of India is fostering self-regulation through SROs, setting industry standards, and enhancing complia...
Fema / RBI : Explore FAQs on Credit Card Issuance, Activation, Usage, and Complaints. Understand rules, rights, and procedures in the Master Di...
Fema / RBI : Explore the UDGAM portal by RBI, a centralized tool for searching unclaimed deposits. Learn about registration, search inputs, and...
Fema / RBI : Dive into the Depositor Education and Awareness (DEA) Fund Scheme, 2014 by RBI. Learn about unclaimed deposits, transfer process, ...
Fema / RBI : Explore the latest Foreign Direct Investment (FDI) policy amendments in Indias space sector. Understand the changes in caps, entry...
Fema / RBI : Learn about the RBIs directive for Currency Chests operations on March 31, 2024, ensuring seamless Govt transactions. Stay informe...
Fema / RBI : Understand the RBI circulars guidelines on investments in Alternative Investment Funds (AIFs) for regulated entities. Clarificatio...
Fema / RBI : Read about the RBI circular regarding special clearing operations exclusively for government cheques on March 30 & 31, 2024, for t...
Fema / RBI : Learn about RBIs decision to reassign lead bank responsibilities in specific districts, effective from April 01, 2024. Discover th...
Fema / RBI : The Reserve Bank of India instructs all agency banks to stay open on March 31, 2024, to facilitate government transactions for FY ...
The article throws light on the concept of payments bank alongwith its regulatory framework.
(i) These regulations may be called the Foreign Exchange Management (Establishment in India of a branch office or a liaison office or a project office or any other place of business) (Amendment) Regulations, 2018. (ii) These regulations shall come into force from the date of their publication in the Official Gazette.
A foreign company can start its business operations in India by incorporating a company under the Companies Act, 2013 through either a Joint Venture (JV) or forming a Wholly Owned Subsidiary (WOS). Foreign equity in such Indian companies can be up to 100%, subject to Sectoral equity caps under the FDI policy. The Sectoral caps […]
(i) These Regulations may be called the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) (Second Amendment) Regulations, 2018. (ii) They shall come into force with effect from the 1st day of September, 2018.
This Concept was originated in order to safeguard NBFCs which are formed for group investments from stringent RBI procedures. Core Investment Companies, (CIC) are those companies which have their assets predominantly as investments in shares for holding stake in group companies but not for trading, and also do not carry on any other financial activity. […]
The Turkish lira, which sank 16% on Friday, plunged yet again (6.7% yesterday) to hit a record-low of 7.22 against the dollar. Contagion fears hit other emerging market currencies as well with the EM FX index declining by 0.7%. Meanwhile, the JPY appreciated on account of its safe haven demand and the USD index rose to a 13-month high level of 96.36.
Reserve Bank of India (RBI) has issued instructions to banks regarding the safety of bank lockers for exercising due care and necessary precaution for the protection of the lockers provided to the customer, reviewing the systems in force for their operation on an ongoing basis and taking necessary steps, having well-documented security procedures, properly training […]
Rainfall deficiency has increased: August started on a weak note with rainfall deviation rising to -10% of normal as of 8 August from -6% of normal at the end of July. A major part of this increase in deficiency is led by lower rainfall in parts of North West and Central India in recent days (rainfall deficiency has increased to – 4% in NW and -5% in Central India).
With regard to Statutory Audit, Reserve Bank of India (RBI) has informed that it has issued Guidelines for appointment of Statutory Central Auditors (SCAs) and Statutory Branch Auditors in Public Sector Banks (PSBs), which covers the norms on eligibility, empanelment and selection as well as the procedure for appointment of such auditors. In case of […]
The Gross Advances of Scheduled Commercial Banks (SCBs) increased from Rs.25,03,431 crore as on 31.3.2008 to Rs. 68,75,748 crore as on 31.3.2014, as per the Global Operations Data of the Reserve Bank of India (RBI). As per RBI inputs, the primary reasons for spurt in stressed assets have been observed to be, inter-alia, aggressive lending […]