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Fema / RBI

RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ

Latest Articles


Impact of proposed draft Import/ Export framework

Fema / RBI : Explore the potential impacts of RBI's proposed draft Import/Export framework on business operations and foreign trade in India....

July 19, 2024 90 Views 0 comment Print

RBI allows remittances for all permissible purposes to IFSCs under LRS

Fema / RBI : Discover RBI's liberalized remittance rules for IFSCs under LRS, allowing all permissible transactions. Learn about IFSCs, LRS eli...

July 18, 2024 105 Views 0 comment Print

Remittances to IFSCs under Liberalised Remittance Scheme (LRS)

Fema / RBI : RBI new circular allows resident individuals to remit funds to IFSCs for all permissible LRS purposes, boosting financial services...

July 16, 2024 522 Views 0 comment Print

NBFC Fair Practice Code: RBI Scale Based Regulations

Fema / RBI : Explore NBFC Fair Practice Code under RBI Scale Based Regulations. Learn about guidelines, transparency, customer rights, and grie...

July 14, 2024 771 Views 0 comment Print

Annual Return on Foreign Liabilities and Assets (FLA) under FEMA 1999

Fema / RBI : FLA return is annual return required to be submitted by following entities which have received FDI and/or made FDI abroad (i.e. ov...

July 7, 2024 1719 Views 1 comment Print


Latest News


‘HaRBInger 2024- Innovation for Transformation’

Fema / RBI : Discover RBI's third global hackathon, 'HaRBInger 2024 - Innovation for Transformation,' aimed at enhancing India's financial land...

July 12, 2024 507 Views 0 comment Print

Credit card latest rules: You can now decide billing cycle of your card

Fema / RBI : The ability for cardholders to determine their billing cycle signifies that credit cards are not merely tools for cashless transac...

May 14, 2024 1908 Views 0 comment Print

Insights into Regulatory Frameworks: Reserve Bank of India’s Approach

Fema / RBI : Explore the comprehensive regulatory insights shared by Shri M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India, focus...

April 4, 2024 441 Views 0 comment Print

Framework for Recognizing SROs for RBI Regulated Entities

Fema / RBI : Explore how the Reserve Bank of India is fostering self-regulation through SROs, setting industry standards, and enhancing complia...

March 22, 2024 567 Views 0 comment Print

RBI FAQs on Credit Card and Debit Card – Issuance and Conduct Directions, 2022

Fema / RBI : Explore FAQs on Credit Card Issuance, Activation, Usage, and Complaints. Understand rules, rights, and procedures in the Master Di...

March 9, 2024 414 Views 0 comment Print


Latest Judiciary


RBI asks NBFCs to stick to Rs 20,000 cash loan pay-out limit

Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...

May 21, 2024 798 Views 0 comment Print

Lender Banks Required to Provide Audit Reports to Borrowers & Allow Representation Before Classifying Accounts as Fraud

Fema / RBI : Lender Banks Required to Provide Audit Reports to Borrowers and Allow Representation Before Classifying Accounts as Fraud, Along w...

February 22, 2024 951 Views 0 comment Print

Lawyers empanelled By Banks were not entitled for reservation under Article 16 for their Appointment

Fema / RBI : Lawyers empanelled by the banks to represent them in cases did not hold a civil post and thus the laws of reservation would not be...

February 12, 2024 825 Views 0 comment Print

Lack of Evidence for FEMA Act Contravention in Bogus Import of Service via Cash Bean App: Writ Petition Dismissed

Fema / RBI : Assessee-company was engaged in the business of providing unsecured short-term loans to its customers/borrowers in India via its D...

December 25, 2023 609 Views 0 comment Print

Denial of bail merely alleging that petitioner is Hawala Operator unjustified

Fema / RBI : Delhi High Court granted the bail application in the extortion case concluding that merely because the petitioner has been alleged...

December 12, 2023 699 Views 0 comment Print


Latest Notifications


RBI Master Directions on Fraud Risk Management in NBFCs (including HFCs)

Fema / RBI : Discover the 2024 Master Directions from RBI detailing fraud risk management guidelines for NBFCs. Learn about governance, early w...

July 15, 2024 1047 Views 0 comment Print

RBI Master Directions on Fraud Risk Management in Cooperative Banks

Fema / RBI : Explore RBI latest Master Directions on Fraud Risk Management in Urban Cooperative Banks (UCBs), State Cooperative Banks (StCBs), ...

July 15, 2024 330 Views 0 comment Print

RBI Master Directions on Fraud Risk Management in Banks & Financial Institutions

Fema / RBI : Explore RBI's latest Master Directions on Fraud Risk Management for Banks & AIFIs. Learn about governance, early detection framewo...

July 15, 2024 402 Views 0 comment Print

RBI Withdraws 17 Obsolete Circulars for Simplification

Fema / RBI : The RBI has withdrawn several outdated circulars to streamline and simplify banking guidelines. Learn about the changes and their ...

July 13, 2024 366 Views 0 comment Print

RBI Circular: Updated Guidelines for Remittances to IFSCs under LRS 2024

Fema / RBI : Read about RBI's latest circular on Liberalised Remittance Scheme (LRS) allowing expanded remittances to IFSCs, implications, and ...

July 10, 2024 423 Views 0 comment Print


Transaction approved by RBI & Govt not sufficient & assessee has to benchmark royalty payment separately

October 9, 2016 1351 Views 0 comment Print

The assessee did not benchmark the royalty payment separately. On enquiry by the TPO, it relied on RBI approval given in 1995 and also on the fact that the assessee earned a gross profit of 41.6%. TPO applied Press Note 9 (2000 series) and restricted it to 1% on the plea that the payment was for use of trademark without transfer of technology.

Operating Guidelines for Small Finance Banks

October 6, 2016 3637 Views 0 comment Print

The need for separate Operating Guidelines for small finance banks was examined, considering the differentiated nature of business and financial inclusion focus of these banks. Accordingly, the Operating Guidelines for small finance banks are given in the Annex.

Operating Guidelines for Payments Banks

October 6, 2016 1567 Views 0 comment Print

The need for separate Operating Guidelines for payments banks was examined, considering the differentiated nature of business and financial inclusion focus of these banks. Accordingly, the Operating Guidelines for payments banks are given in the Annex.

Priority Sector Lending – Revised Reporting System

October 6, 2016 955 Views 0 comment Print

On a review, it has been decided to modify the quarterly and annual reporting formats for reporting priority sector lending. The banks are, therefore, requested to furnish data on priority sector advances, in the enclosed revised formats

Import Data Processing and Monitoring System (IDPMS)

October 6, 2016 47614 Views 1 comment Print

In order to enhance ease of doing business and facilitate efficient data processing for payment of import transactions and effective monitoring thereof, Import Data Processing and Monitoring System (IDPMS) has been developed in consultation with the Customs authorities and other stakeholders.

Establishment of place of business in India by foreign entity- Key Provisions

October 5, 2016 2812 Views 0 comment Print

In the present globalized scenario, where majority of businesses are operating internationally, it is inevitable for global players to set up place of business in various countries across the globe. In India setting up of place of business by foreign entity is governed by the provisions of FEMA. 1999.

RBI reduces repo rate by 25 basis points to 6.25 per cent

October 4, 2016 1414 Views 1 comment Print

Please refer to the Fourth Bi-monthly Monetary Policy Statement, 2016-17 – Resolution of the Monetary Policy Committee (MPC), in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

Fourth Bi-monthly Monetary Policy Statement, 2016-17- Key Rates reduced by 25 basis points

October 4, 2016 784 Views 0 comment Print

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.

Statement on Developmental and Regulatory Policies RBI

October 4, 2016 820 Views 0 comment Print

This Statement reviews the progress of various developmental and regulatory policy measures announced by the Reserve Bank in recent policy statements and sets out new measures to be taken for further strengthening the banking structure; broadening and deepening financial markets

Investment by Foreign Portfolio Investors in Government Securities

September 30, 2016 463 Views 0 comment Print

As announced in the MTF, the limits for investment by FPIs in Central Government Securities for the next half year are proposed to be increased in two tranches, each of Rs. 100 billion from October 3, 2016 and January 2, 2017 respectively.

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