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
RBI extends timeline for compliance with various payment system requirements
Guidance on Money Laundering & Terror Financing Risk Assessment by NBFCS
RBI Master Direction for Issue and Pricing of shares by Private Sector Bank
Non Resident Investing in a Indian Company – FCGPR Compliance
Government securities Market in India – RBI ‘s recent guidelines
Residential Status-FEMA Interpretation
Recovery of Penal Interest on delayed remittance of Government Receipts into Government Account
Foreign Contribution under Foreign Contribution Regulation Act (FCRA), 2010
HC explains provisions of Section 45(1) of PMLA, 2002 – Offences to be cognizable & non- bailable
Cessation of 7.75 percent Savings (Taxable) Bonds, 2018 wef 28.05.2020
Reduction In REPO Rate Vis-a-Vis Ultimate Benefit To Borrowers
SARFAESI Act applicable to even Cooperative Banks: SC
Highlights of RBI Governor’s announcements dated 22.05.2020
Path of Diminishing Marginal Utility: RBI Policy May 2020
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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