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 increases household income limits for borrowers of NBFC-MFIs
Technical Specifications for participants of Account Aggregator ecosystem
CBI Searches At 187 Places in bank fraud cases of Rs. 7200 Crore
Scheme for Non-competitive Bidding Facility in Auction of State Development Loans
Private Bank CEO Salary: RBI revises compensation guidelines
RBI Report on Regulatory & Supervisory Framework for Core Investment Companies
RBI enhances withdrawal limit for depositors of PMC Bank to ₹ 50000
RBI Guidelines on Liquidity Risk Management Framework for NBFCs & CICs
RBI Guidelines on Compensation of Whole Time Directors/ CEOs/ Material Risk Takers and Control Function staff
RRBs can issue Perpetual Debt Instruments for inclusion as Tier 1 capital
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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