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 : Individuals who receive or transfer funds on behalf of others may face prosecution under various Indian laws. The article explains...
Fema / RBI : RBI has reiterated that software and ITES exporters must submit the annual survey based on the previous financial year. The guidel...
Fema / RBI : RBI requires mutual funds to report foreign liabilities and assets annually for compilation of Balance of Payments and Internation...
Fema / RBI : This article explains why FEMA does not explicitly prohibit round-tripping transactions and how regulators instead control them th...
Fema / RBI : Service exporters must file monthly EDF declarations from October 2026 under new FEMA regulations. Non-compliance may affect eBRC ...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...
Fema / RBI : The case examined whether Indian assets could remain seized after foreign asset value was repatriated. The Tribunal ruled that onc...
Fema / RBI : The appellant claimed the disputed funds were received unknowingly and had attempted to return them. The Tribunal granted relief b...
Fema / RBI : The Tribunal held that bank accounts cannot remain frozen merely because the account holder is related to a suspect or under inves...
Fema / RBI : The Tribunal held that retention of seized assets can continue under Section 8(3) when a PMLA prosecution complaint is already pen...
Fema / RBI : RBI amended governance rules for Rural Co-operative Banks after observing that some directors were briefly resigning and returning...
Fema / RBI : RBI amended governance rules for Urban Co-operative Banks after finding directors briefly resigning and rejoining boards to bypass...
Fema / RBI : RBI issued revised draft directions to regulate recovery practices of banks, NBFCs, and other regulated entities. The framework pr...
Fema / RBI : RBI has released draft amendment directions for commercial and small finance banks to strengthen Pillar 3 disclosures under Basel ...
Fema / RBI : RBI has abolished the mandatory Investment Fluctuation Reserve requirement for commercial banks following changes in market risk a...
Discover NPCI’s groundbreaking move to link multiple payment instruments on UPI, offering a comprehensive payment experience. Learn about guidelines and compliance for seamless transactions.
Stay informed about RBI’s latest circular on e-mandates. Transaction limits increased to ₹1,00,000 for mutual funds, insurance premiums, and credit card bill payments.
Delhi High Court granted the bail application in the extortion case concluding that merely because the petitioner has been alleged to be a Hawala Operator, the bail cannot be denied to him.
Discover what RBI Guideline for Internal Audit of Banks is and why organisations rely on it. Internal audit provides assurance on the effectiveness of internal controls and risk management processes for the bank’s system of governance. Know more!
Explore the power of the Enforcement Directorate to compound offences under FEMA. Learn more about the compounding and contravention rules, as authorized by the Central Government. Compounding of Offences by Enforcement Directorate under FEMA.
Explore why banks refrain from issuing standalone ATM cards and favor debit cards. Understand implications, risks, and potential solutions for varied customer needs.
Explore need for FAQs and clarifications on RBI’s recent guidelines transitioning from penal interest to penal charges for loans. Key issues and challenges addressed.
Guide for NRIs selling property in India: Open NRO account, comply with RBI regulations, and secure tax certificates for a smooth transaction.
Reserve Bank of India Monetary Policy Statement, 2023-24 Resolution of the Monetary Policy Committee (MPC) December 6 to 8, 2023 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 8, 2023) decided to: Keep the policy repo rate under the liquidity […]
Explore the Sovereign Gold Bond Scheme 2023-24 with details on eligibility, subscription, interest, redemption, and tax treatment. Invest wisely in gold bonds
