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...
Extension of the validity of the registration certificates issued under the Foreign Contribution (Regulation) Act, 2010 expiring during the period between 29th September, 2020 and 31st December, 2021 upto 31st December, 2021 vide Public Notice No. II/21022/23(22)/2020-FCRA-III| Dated: 30th September, 2021. As per Section 12(6) of the Foreign Contribution (Regulation) Act, 2010, the registration certificate […]
In view of the impending cessation of LIBOR as a benchmark rate, it has been decided to permit AD banks to use any other widely accepted/Alternative reference rate in the currency concerned for such transactions.
हाल ही में सुप्रीम कोर्ट के जज न्यायमूर्ति धनंजय यशवंत चंद्रचूड़ ने छठे मुख्य न्यायाधीश एमसी छागला की स्मृति में आयोजित आभासी कार्यक्रम में व्याख्यान देते हुये समाज के बौद्धिकों से जो कुछ आह्वान किया उसका सारांश यही है कि तथ्यपरक आवाज उठाते रहना है । इसके कुछ ही दिन पहले टेलीविजन परिचर्चा के दौरान […]
Suggestion –Lodgement of claims by CEOs of insured banks on behalf of eligible depositors- process simplification – without sacrificing the safety and security- need of the hour 1. Few readers of my earlier articles on the subject of DICGC called me and informed me that contrary to the applicable provisions some banks are not entertaining […]
FEMA 1999: Govt appoints Regional Special Director (Appeals) to hear appeal against order of Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 24th September, 2021 S.O. 3958(E).—In exercise of the powers conferred by sub-section (1) of section 17 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in supersession […]
Loan transfers are resorted to by lending institutions for multitude of reasons ranging from liquidity management, rebalancing their exposures or strategic sales. A robust secondary market in loans can be an important mechanism for management of credit exposures by lending institutions and also create additional avenues for raising liquidity. It is therefore necessary to lay down a comprehensive, self-contained set of regulatory guidelines governing transfer of loan exposures.
Securitisation involves transactions where credit risk in assets are redistributed by repackaging them into tradeable securities with different risk profiles which may give investors of various classes access to exposures which they otherwise might be unable to access directly.
Shri Uday Kotak, Managing Director and Chief Executive Officer of Kotak Mahindra Bank Limited would continue being the non-executive director on the board of IL&FS until April 2, 2022 MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 21st September, 2021 S.O. 3905(E).—Whereas sub-clause (i) of clause (c) of sub-section (1) of section […]
Overview of Foreign Exchange Management (Adjudication Proceedings and Appeal) Rules, 2000 CHAPTER 1 – INTRODUCTION 1.1 AIM The aim is to understand the Foreign Exchange Management (Adjudication Proceedings and Appeals) Rules, 2000. This study also focuses on about appointment of Adjudicating Authority, the proceedings before Adjudicating Authority and Special Director. 1.2 STATEMENT OF PROBLEM RBI […]
To enforce India and Singapore to link their Fast Payment Systems – Unified Payments Interface and Pay Now, The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) announced a project to link their respective fast payment systems. The linkage is targeted for operation by July 2022. The details are available in […]
