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 Fair Practices Code for NBFCs
RBI issues Clarifications on The Banking Companies (Nomination) Rules, 1985
Uses and Misuses of Statistics
RBI Monitoring Rupee Situation – FM
Statutory Bank Branch Audit for advances above & Below Rs. 6 Crore
Loan against Only Gold can not be more then 60 percent of Value
Foreign Exchange Management (Deposit) Regulations, 2000 – Credit to Non Resident (External) Rupee Accounts
RBI to conduct Special same day Clearing on March 31, 2012
Lead Bank Scheme – District Consultative Committees – Inclusion of Director of MSME-DI
Implementation of asset classification and provisioning norms for NBFC-MFIs deferred to 1st April 2013
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for 2011-12
Clarification – Prior intimation to RBI to raise aggregate FII / NRI limits for investments under PMS
Investment in Indian Venture Capital Undertakings and /or domestic Venture Capital Funds by SEBI registered FVCI
Scheme for Collection of Dues of CBDT, CBEC, DM Account – Reporting and Accounting of March Transactions – Special Arrangements – FY 2011-2012
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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