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 : RBI Governor outlines financial market trends, inflation outlook, and structural concerns at the FIMMDA-PDAI Conference in Bali on...
Fema / RBI : Understand Net Owned Funds (NOF) as per RBI norms, its calculation, key deductions, and compliance for NBFC registration and opera...
Fema / RBI : Learn about Indian Rupee (INR), RBI's currency management role, banknote/coin production, legal tender rules, security features & ...
Fema / RBI : RBI mandates PRAVAAH portal for all regulatory applications starting May 1, 2025. Over 100 forms available, enhancing efficiency....
Fema / RBI : Understand LEI requirements for large-value transactions, applicability to UCBs, NBFCs, and how to apply for LEI in India under RB...
Fema / RBI : RBI proposes unified guidelines for lending against gold jewellery and ornaments across banks, co-operatives, and NBFCs, focusing ...
Fema / RBI : RBI's draft directions for securitisation of stressed assets, outlining eligibility, requirements for SPEs, Resolution Managers, i...
Fema / RBI : RBI proposes comprehensive directions for non-fund based credit like guarantees and LCs across banks, co-operatives, NBFCs, focusi...
Fema / RBI : Summary of RBI's draft directions on Co-Lending Arrangements (CLAs) for banks, AIFIs, and NBFCs, covering key aspects and disclosu...
Fema / RBI : RBI strengthens regulation of cooperative banks with fraud management rules, governance reforms, and an ombudsman under amended ba...
Fema / RBI : Madras High Court upholds RBI's Net Owned Fund (NOF) rules for NBFCs, affirming compliance requirements and rejecting challenges t...
Fema / RBI : Delhi High Court upholds RBI's FEMA penalty on an OCI cardholder for unauthorized agricultural land purchase in India, citing due ...
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 advises all entities, including regulated ones, to use the PRAVAAH portal for submitting regulatory applications starting May ...
Fema / RBI : RBI updates lead bank responsibilities after Rajasthan's district reorganisation; roles for Jaipur and Jodhpur modified, others re...
Fema / RBI : RBI's April 2025 monetary policy: Repo rate reduced by 25 bps to 6.00%, stance shifts to accommodative to support growth amid beni...
Fema / RBI : RBI cuts repo rate by 25 bps to 6%. Standing Liquidity Facility for Primary Dealers now available at the revised rate as per April...
Fema / RBI : RBI reduces Bank Rate to 6.25%. Penal interest on CRR and SLR shortfalls adjusted accordingly. Effective from April 9, 2025....
The Self Employment Program (SEP) is one of the components (Component 4) of NULM which will focus on providing financial assistance through a provision of interest subsidy on loans to support establishment of individual & Group Enterprises and self-Help Groups (SHGs) of urban poor.
Self Help Groups have the potential to bring together the formal banking structure and the rural poor for mutual benefit. Studies conducted by NABARD in a few states to assess the impact of the linkage project have brought out encouraging and positive features like increase in loan volume of the SHGs, definite shift in the loaning pattern of the members from non-income generating activities to production activities, nearly 100 per cent recovery performance, significant reduction in the transaction costs for both the banks and the borrowers etc.,
Master Direction on Levy of Penal Interest for Delayed Reporting / Wrong Reporting / Non-Reporting of Currency Chest Transactions and Inclusion of Ineligible Amounts in Currency Chest Balances
Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)- The Master Circular has been suitably updated by incorporating the instructions on DAY-NRLM issued up to June 30, 2019 which are listed in the appendix and also been placed on website (https://www.rbi.org.in).
As per FEMA Regulations, 1999 requires any company who has either made Overseas Direct Investment (‘ODI’) or received Foreign Direct Investment (‘FDI’), to file the Foreign Assets and Liabilities Annual Return (‘FALAR’). The companies have to report the current financial year’s FLA as well as the previous year(s) assets and liabilities. In the case where […]
Format of Authority Letter of Authorization for filing of annual return on FLA and Format of Verification letter for CIN / LLPIN / Others UIN (in case of Alternative Investment Fund / Partnership Firm / Public Private Partnership) and PAN of authorised person filing annual FLA form
Foreign Liabilities and Assets Information Reporting (FLAIR) User Manual for FLA User Registration Form (Company/LLP/Others) 1. Who is an Entity? A Company within the meaning of section 1(4) of the Companies Act, 2013 A Limited Liability Partnership (LLP) registered under the Limited Liability Partnership Act, 2008 Others [include SEBI registered Alternative Investment Funds (AIFs), Partnership […]
Foreign Liabilities and Assets Information Reporting (FLAIR) User Manual for submission of online FLA Form (Company/LLP/ Others) 1. FLA online form 1.1 Logging on to FLA online form Step 1: Enter your user name, new password and valid Captcha. (The captcha is case sensitive.) Step 2: Enter OTP code (the user will receive the OTP […]
General Instruction Q1. What will be the consequences in case we do not file the said FLA Return by 15th July, as our accounts are not audited as yet, and we do not wish to file it with unaudited figures. Will there be any imposition of penalty or prosecution initiated against the company by RBI […]
With the objective to enhance the security-level in data submission and further improve the data quality, the present email-based reporting system for submission of the FLA return will be replaced by the web-based system online reporting portal.
