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 : Introduction to Compounding Compounding of contraventions is a voluntary process where an individual or entity admits a contravent...
Fema / RBI : Learn about the FEMA compounding process, authorities, and rules for resolving foreign exchange contraventions with the updated Fo...
Fema / RBI : RBI cuts repo rate to 6.25%, revises GDP and inflation forecasts, introduces forward contracts in G-Secs, enhances cybersecurity, ...
Fema / RBI : With fiscal prudence in focus, will the RBI cut rates or use other tools? As global economies adjust, all eyes are on India's mone...
Fema / RBI : Foreign companies can establish a project office in India for specific operations. Learn about RBI approval, documentation, and co...
Fema / RBI : Explore challenges faced by first-time borrowers and informal sector workers due to limited CIBIL scores, and measures to improve ...
Fema / RBI : New FEMA rules allow settlement of foreign exchange violations with penalties up to ₹5 crore. Pending cases will follow earlier ...
Fema / RBI : Rupee hit ₹86.70/USD in January 2025, its lowest level. Factors include global economic trends, US elections, and forex reserve ...
Fema / RBI : The Indian Rupee has depreciated against the US Dollar over the past decade. The government explains causes, trade impacts, and RB...
Fema / RBI : The Indian government takes measures to regulate digital lending platforms and protect citizens from exploitation by unauthorized ...
Fema / RBI : Present appeal has been filed by the appellant mainly contesting that whether the Tribunal was right in holding that there has bee...
Fema / RBI : Delhi High Court held that petitioner is duly entitled for the grant of duty drawback since the export proceeds have been realised...
Fema / RBI : Delhi High Court sets aside RBI's cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of ...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Fema / RBI : Lender Banks Required to Provide Audit Reports to Borrowers and Allow Representation Before Classifying Accounts as Fraud, Along w...
Fema / RBI : RBI invites public comments on draft circular regarding foreclosure charges and pre-payment penalties on loans. Stakeholders can s...
Fema / RBI : RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, s...
Fema / RBI : RBI introduces RBIDATA mobile app, providing macroeconomic and financial data on the Indian economy with interactive charts and se...
Fema / RBI : RBI revises Basel III norms, excluding certain AIFI investments in long-term bonds from the 25% HTM ceiling. Changes effective fro...
Fema / RBI : RBI permits matching, clearing, and settlement of Government securities transactions between PMs and GAHs on NDS-OM. Optional CCIL...
Indian Businesses with Overseas Direct Investment (ODI) await clarifications – Are the regulators listening? Indian entrepreneurs found the outlet to tap into the foreign markets and mark their presence in foreign lands, thanks to liberalization brought in by Foreign Exchange Management Act 1999 (FEMA), allowing much-needed relaxation. Necessary changes have been made in regulations under […]
RBI’s clear directions on implementing cKYC for new clients Last month my article on the subject ‘cKYC mechanism becomes a mockery & wastage of country’s resources‘, was published on your popular website. The link is given below for those who wish to read it. https://taxguru.in/finance/ckyc-mechanism-become-mockery-wastage-countrys-resources.html To ensure the success cKYC the mechanism I had suggested […]
Reserve Bank of India allowed Shri Uday Kotak, Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited to be on the Board of Infrastructure Leasing and Financial Services Limited as its Non-executive Director, initially for a period of three months and subsequently for a further period of nine months, under the above provisions of the said Act, till 2nd day of October, 2019;
The regulatory landscape has undergone a significant change with the introduction of Guidelines on Regulation of Payment Aggregators and Payment Gateways (DPSS.CO.PD.No.1810/02.14.008/2019-20 dated March 17, 2020). The guidelines propose for stricter regulation on the activities of payment activities and payment gateways in India. This has been issued by RBI under the Payment and Settlement System […]
FDI policy is an enabling policy which is uniformly applicable in the country across all scales of industries including small and medium enterprises.
Foreign investors or Foreign companies can open a liaison office in India for promoting and facilitating the parent company business activities and can act as best communication channel between the foreign parent company and Indian company.
The Foreign Contribution (Regulation) Amendment Bill, 2020, inter alia, seeks to provide for— (a) amendment of clause (c) of sub-section (1) of section 3 to include public servant also within its ambit, to provide that no foreign contribution shall be accepted by any public servant;
RBI: Role of Chief Compliance Officer (COO)–Discussion on compliance function in banks Reserve Bank of India vides its communication dated September 11, 2020, informed that in order to have an effective compliance culture, independent corporate compliance function, and a strong compliance risk management program at the bank and group level, an independent compliance function is […]
Adhoc Monthly/Quarterly SMS charges and GST on it levied by banks on Cores of banking accounts and its appropriateness Upon reading the title of the write-up you may think that the subject matter is very simple and insignificant. Probably, the reader may also think that there is no need to write such a lengthy article-up. […]
Inadequate regulatory oversight by financial market regulators resulting in regulated entities practising random ways to generate extra revenue In anxiety to improve the earnings under ‘miscellaneous income category,’ many business entities in the financial sector are looking at various opportunities and do mischievous things. I am focussing the banking segment for discussion. This, however, equally […]
