Fema / RBI
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RBI Assigns Lead Bank for New District Kushavati in Goa
ECB Reporting Rules Revised Due to Clarification on Late Submission Fee Calculation
Use of Common Business Premises Not Sufficient to Prove Benami Transaction: SAFEMA
PMLA Attachment Quashed: No Proof of ₹10 Lakh Receipt from Proceeds of Crime
FDI Condition Breach Upheld, Tribunal Cuts Penalty in Real Estate Project Case
FERA Hawala Route Proven, Tribunal Slashes Penalty to ₹50,000
FEMA Violation in Gold Trade Proven, But Tribunal Slashes Rs. 49 Cr Penalty
₹24.25 Cr Investment Treated as Proceeds of Crime: Tribunal Upholds ED Attachment in Delhi Excise Policy
RBI Caps NOP-INR at USD 100 Million to Control Forex Risk Exposure
Investment from China: Land Border FDI Rule 2026
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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