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
Guidelines for Standalone PDs participation in Exchange Traded Currency Futures
Banks to remain open on 30, 31 March 2016 for Tax Payments
Indian Insurance Companies Foreign Investment Amendment Rules, 2016
All About Sovereign Gold Bonds- 2016 Series-II
Govt notifies Sovereign Gold Bond Scheme 2016– Series II
Master Direction- RBI (Interest Rate on Advances) Directions, 2016
Master Direction- RBI (Interest Rate on Deposits) Directions, 2016
RBI floats Draft Regulatory Framework for Account Aggregator Companies to facilitate Consolidated Viewing of Financial Assets Holdings
Grant of EDF Waiver for Export of Goods Free of Cost
Master Circular – Basel III Capital Regulations – Revision
Auditors of Banking Companies – time to endure Ind AS
Policy for Adequate Autonomy to Companies
Know Your Customer (KYC) Master Direction, 2016
Review of Prudential Guidelines – Revitalising Stressed Assets in Economy
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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