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
FEMA – Money Transfer Service Scheme – Revised Guidelines
‘Write-off’ of unrealized export bills – Export of Goods and Services – Simplification of procedure
NBFCs to adopt revised Fair Practices Code by March 18, 2013
New Norms for Credit Cards
Corporates under Investigation allowed to access ECB under Automatic route
Director General of Civil Aviation Issues Guidelines for FDI in Civil Aviation Sector
Risk Management and Inter-Bank Dealings – A.P. (Dir Series 2012-13) Circular No. 86, Dated 1-3-2013
A.P. (DIR SERIES 2012-13) CIRCULAR NO. 85, DATED 28-2-2013
RBI releases Security and Risk Mitigation measures for Electronic Payment Transactions
Key features of RBI Guidelines for Licensing of New Banks in Private Sector
Differential interest Rates on Home Loans
Final RBI Guidelines for Licensing of New Banks in the Private Sector
Law governing Inbound Investment in India
Law Governing Outbound Investments in India
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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