Fema / RBI
Log in to FollowRBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
RBI Circular on Reporting and Accounting of Govt. Transactions March 2024
RBI Directive on Implementation of WMD Act Amendments 2024
A Regulatory Conundrum on Dual Treatment of Foreign-Owned or Controlled Companies under FEMA, 1999
RBI FAQs on Credit Card and Debit Card – Issuance and Conduct Directions, 2022
NBFC recent changes and new NBFC Return filing frequency and process
RBI Master Directions on KYC of Individuals
RBI Notification: Designation under UAPA & Listing in Fourth Schedule
Amendment to Master Direction – Credit & Debit Card – Issuance & Conduct Directions, 2022
RBI Directions on Filings of Supervisory Returns
UDGAM Portal: RBI FAQs
Depositor Education and Awareness (DEA) Fund Scheme, 2014: RBI FAQs
RBI mandates Credit Card card issuers to provide option to choose card network
Review of Foreign Direct Investment Policy on Space Sector
RBI Imposes Cease-and-Desist Order on JM Financial (Financing against shares, debentures)
Latest RBI / FEMA News
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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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