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...
HC held that is not proper on the part of State Bank of India to collect cash handling charges from the stamp vendors. Accordingly, the Second and Third Respondents have failed to establish that they have the authority to collect cash handling charges from the stamp vendors, who all are depositing money through Treasury Challans for purchase of stamps.
Foreign Currency – transfer of shares (FC-TRS) FCTRS : 1. The Form FC-TRS shall be file within 60 days from the date of receipt/date of payment of the amount of consideration. 2. There will be no official fee for filing of form FC-TRS, if the form is filed within 60 days . 3. Form shall […]
Reserve Bank of India RBI/2021-22/132 DoS.CO.PPG./SEC.06/11.01.005/2021-22 November 16, 2021 All Scheduled Commercial Banks (including all Small Finance Banks & all Payments Banks), Local Area Banks & All Primary Urban Cooperative Banks Madam/Dear Sir, Regulations Review Authority (RRA 2.0) – Interim Recommendations – Withdrawal of Redundant Circulars Please refer to the Press Release dated November 16, […]
Reserve Bank of India RBI/2021-22/131 DCM (Admin) No.S472/19.01.010/2021-22 November 16, 2021 The Chairman / Managing Director The Chief Executive Officer All Banks Madam / Dear Sir, Withdrawal of Obsolete Regulatory Circulars/ Instructions – Interim Recommendations of the Regulations Review Authority 2.0 Please refer to the Press Release on Interim Recommendations of the Regulations Review Authority […]
As part of the implementation of the interim recommendations of the RRA 2.0, the A.P. (DIR Series) Circular No.6 dated July 16, 2015 on Foreign Investment in India by Foreign Portfolio Investors is withdrawn with immediate effect by RBI. Reserve Bank of India RBI/2021-22/130 A.P. (DIR Series) Circular No.18 November 16, 2021 To All Authorised […]
RBI decided to withdraw the following circulars with immediate effect. a) Introduction of Credit Default Swaps for Corporate Bonds: Date for Operationalisation Changed (PCD. No.12/14.03.04/2011-12) dated October 20, 2011.
Regulations Review Authority (RRA) 2.0 – Interim Recommendations – Withdrawal of Redundant Circulars | Please refer to the Press Release dated November 16, 2021 issued on the captioned subject. 2. The circulars listed in the Annex are withdrawn with effect from close of business today.
A comprehensive review of the circulars issued by the Department of Payment and Settlement Systems (DPSS) was undertaken as part of the rationalisation exercise under RRA 2.0 and as per recommendations of the RRA, the regulatory instructions / circulars listed in the Annex stand withdrawn with immediate effect.
क्या है आरबीआई की एकीकृत लोकपाल योजना और क्यों इसकी सबसे ज्यादा जरुरत है सहकारी क्षेत्र को: हाल में भी प्रधानमंत्री ने आरबीआई की एकीकृत लोकपाल योजना को आरंभ किया जो 12/11/2021 से ही लागू हो गई है. इसके तहत आरबीआई के अन्तर्गत आने वाले सभी संस्थान चाहे वो बैंक हो या एनबीएफसी या ही […]
Will Reserve Bank – Integrated Ombudsman Scheme, 2021 be a game-changer, swiftly address consumer grievances in RBI regulated entities? A critical analysis Important note to readers and Background: The write-up is a bit lengthy but I am sure it will serve as one source of reference to millions of consumers dealing with Banks, NBFCs, and […]
