Fema / RBI
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IPL-2 FEMA Case; Most Penalties Against BCCI, Lalit Modi & SBI Set Aside
Money Received Before Crime Cannot Be Treated as Proceeds of Crime: SAFEMA
Bank Attachment Valid Where Transactions Involve Fictitious Entity: SAFEMA
Mere Invoices Cannot Rebut Accommodation Entry Evidence in Demonetisation Gold Trade Case: SAFEMA
SAFEMA Upholds PMLA Attachment in Gold Loan Fraud; Grants Relief for Court Deposit
RBI Revises Commercial Bank Basel Pillar 3 Disclosure Norms from April 1, 2027
RBI Amends Commercial Bank Asset Liability Management Directions for LCR and NSFR Disclosures from April 1, 2027
RBI Amends Commercial Bank Governance Directions on Remuneration and Share-Linked Instruments from April 1, 2027
RBI Amends Commercial Bank Financial Disclosure Directions Effective April 1, 2027
RBI Amends Payments Bank Governance Directions on Remuneration and Share-Linked Instruments from April 1, 2027
RBI Amends Payments Bank Financial Disclosure Directions Effective April 1, 2027
RBI Revises Small Finance Bank Basel Pillar 3 Disclosure Norms from April 1, 2027
RBI Amends Small Finance Bank Asset Liability Management Directions for LCR and NSFR Disclosures from April 1, 2027
RBI Amends Small Finance Bank Governance Directions on Remuneration & Share-Linked Instruments from April 1, 2027
Latest RBI / FEMA News
Check out all the latest news on RBI together with all the important RBI notifications, RBI circulars, RBI rates including top stories on FEMA Act and FEMA Regulations only at Taxguru.com
The RBI (Reserve Bank of India) is India’s Apex bank which governs the banking regulations in the country and controls all the monetary policies of the country. It began its operations 1st of April 1935 at the time of British Rule as per the provisions laid down in the Reserve Bank of India Act, 1934. After India’s independence on 15th August 1947, the Reserve Bank of India was nationalized on 1st January 1949.
Reserve Bank of India is an independent monetary authority that regulates banks and offers important financial services such as controlling inflation, maintaining foreign exchange reserves, and providing monetary policy report. It plays a significant role in developing strategies of the Indian Government.
The FEMA Act (Foreign Exchange Management Act) is an Act constituted by the Indian Parliament for consolidating and amending the law related to foreign exchange for facilitating the external trade and payments and also for encouraging orderly maintenance and development of foreign exchange market in the country. This act was passed in the year 1999 during the winter session which replaced the previous Foreign Exchange Regulation Act (FERA). The FEMA Regulations makes offenses with respect to foreign exchange civil offenses.This Act extends and is applicable for the entire nation. FEMA Act allowed a new regime for foreign exchange management that is consistent with the World Trade Organization’s emerging framework.
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