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
Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023
RBI advisory on Transition from LIBOR to Alternative Reference Rate (ARR)
Master Circular – Basel III Capital Regulations
Device based Tokenisation – Card Transactions
All about Debit Cards, Credit Cards, electronic Cards & Prepaid Cards
Investment From Land Border Sharing Countries-Press Note-3 Dated 17.04.2020
Levy of charges on forex prepaid cards/store value cards/travel cards
Formalisation of Informal Micro Enterprises on Udyam Assist Platform
Revision of monetary limit for adjudication under FEMA,1999
RBI Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs
Ramifications of RBI’s guidelines on FLDG transactions between Fintech Companies and Regulated Entities
How to File Online or physical Complaint with RBI Banking Ombudsman?
Amendment to Master Direction (MD) on KYC – Instructions on Wire Transfer
Comparative Chart – Foreign Investment Sector – India and Bangladesh
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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