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
Annual Return on Foreign Liabilities & Assets (FLA Return) under FEMA
Final Accounts of Banking Companies- NPA Norms
Data Format for Furnishing of Credit Information to Credit Information Companies
Foreign Exchange Management (Debt Instruments) (First Amendment) Regulations, 2021
Conversion of bank accounts on change of residential status
Foreign Direct Investment – Current Situation on FDI Policies In India
Foreign Exchange Management (Non-debt Instruments) (Fourth Amendment) Rules, 2021
RBI bans Haribhakti And Co from doing audits of regulated entities for FY 21-22
Foreign direct investment (FDI) by NRI
ODI Compliance In India
RBI Monetary Policy Statement, 2021-22- No Change in Rates
Priority Sector Lending- Banks’ lending to NBFCs for on-lending – Extension of facility
Inclusion of ‘Paytm Payments Bank Limited’ in Second Schedule of RBI Act
SOFTEX Form for declaration of Software Exports
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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