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 on Implementation of Basel III Capital Regulations in India – Clarifications
RBI reduces Interest Rate on PPF & SCSS, 2004 from 01.04.2013
KYC verification of office bearers sufficient while opening savings bank account of Self Help Groups (SHGs)
Banks to accept tax payment on 29,30 & 31st March (full day with extended hours)
Sessions Court shifted to Kochi and Calicut for trial of offences under Prevention of Money-Laundering Act
Mid-Quarter Monetary Policy Review – March 2013, Change in RBI Rates & Related Circulars
Lead Bank scheme – Strengthening of Management Information System (MIS)
Non CTS cheques Valid till 31.07.2013, Banks not to demand PDC
Adjudicating Authority (Procedure) Regulations, 2013 – Suppression of Adjudicating Authority Regulations, 2006
RBI initiates Scrutiny of ICICI, HDFC & Axis Bank
Debts due to lenders may be considered secured if assured by project authority in terms of Concession Agreement
Govt forms committee for giving clear definitions to FDI & FII
Maintenance of Collateral by FIIs for transactions in cash and F & O segments
Scheme for Collection of Dues of (i) CBDT (ii) CBEC (iii) DM Account
Latest RBI / FEMA News
Check out all the latest news on RBI together with all the important RBI notifications, RBI circulars, RBI rates including top stories on FEMA Act and FEMA Regulations only at Taxguru.com
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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