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
External Commercial Borrowings – RBI simplifies procedure
Deferred Payment Protocols between Government of India and erstwhile USSR
Substitution of term Micro and Small Enterprises in place of ‘Small Scale Industries’ (SSI) in the documents
Guidelines to Streamline Pension Payment Issued; Banks Advised to Formulate Pension Friendly Measures
Penalty on Foreclosure /Prepayment of Home Loans should be be reasonable and transparent
RBI issues guideline to Enable Banks to Effectively Manage Risks Arising Out of Outsourcing
RBi ask Banks to not to recover pre-payment charges on floating rate loans
RBi notification on RTGS service charges for members
Submission of Credit Information to Credit Information Companies – Dissemination of Credit Information of suit-filed accounts
Monetary Policy Response to Recent Inflation in India
RBI Act provides adequate protection to small depositors in financial institutions
Government takes Various Steps to Curb Circulation of Fake Currency
38 foreign banks functioning with 321 branches in India
Agricultural Productivity and Credit- Issues and Way Forward
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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