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
Banks not to declare dividends for FY ending on 31.03.2020
Processing of e-mandates for recurring transactions
RBI to introduce concept of Cooling Period under PSS Act
Perpetual Validity for CoA issued to Payment System Operators
Card transactions limit in Contactless mode without Authentication increased to Rs. 5000
Regional Rural Banks- Access to Call/Notice/Term Money Market
Banking Regulation Act Vs. Banking Regulation Ordinance 2020
RBI Committee Recommends Conversion of Large NBFCs into Banks & Entry of Corporates
FEMA Regulations Pertinent to Information Technology (IT) Sector
Compliance With Amended FCRA 2010 And FCRR 2011- Advisory
RBI: Governor’s recent speech – from foreign exchange/government bonds angle
Cabinet approves Amalgamation Scheme of Lakshmi Vilas Bank with DBS Bank
Lakshmi Vilas Bank Limited (Amalgamation with DBS Bank India Limited) Scheme, 2020
No approval to open offices in India to foreign law firms/companies or foreign lawyers : RBI
Latest RBI / FEMA News
Check out all the latest news on RBI together with all the important RBI notifications, RBI circulars, RBI rates including top stories on FEMA Act and FEMA Regulations only at Taxguru.com
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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