Fema / RBI
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Fema – RBI liberalises and rationalises Overseas Direct Investment Regulations
FEMA – FEM (Foreign Currency Accounts by a Person Resident in India) (Amendment) Regulations, 2011
Slowdown in housing loan uptake due to interest rate hike – National Housing Bank
RBI panel calls for secure systems to check credit card frauds
RBI to issue draft norms on new bank licences- FM
Sensitivity of Capital Flows to Interest Rate Differentials – An Empirical Assessment for India
Talent Acquisition and Management – Key Note Address by Dr K C Chakrabarty, DG, RBI
RBI circular on Financing of Self Help Groups (SHGs) and Joint Liability Groups (JLGs) by Primary (Urban) Co-operative Banks (UCBs)
Challenges to Central Banking in the Context of Financial Crisis RBI releases Volume for the First International Research Conference
RBI- Retail Electronic Payment Systems – NEFT / NECS / RECS / ECS – Levy of Processing Charges
RBI cancels licence of Jalagoan-based Chopda Urban Co-operative Bank
RBI includes 'Sberbank' in Second Schedule to the Reserve Bank of India Act, 1934
RBI launches the 24th Round of Inflation Expectations Survey of Households
RBI includes ‘Credit Suisse A.G’ in Second Schedule to the Reserve Bank of India Act, 1934
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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