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
Indian Bank hikes Base Rate, BPLR by 50 bps each
FERA- Where interest received by revenue was relatable to seized amounts from petitioners, which were invested in fixed deposits by revenue, petitioners would be entitled to accrued interest on such seized amounts
RBI Policy Guidelines for issuance and operation of Prepaid Instruments in India
RBI Circular on Mobile Banking Transactions in India – Operative Guidelines for Banks vide Circular No. DPSS.CO.No.2502 /02.23.02/ 2010-11 Dated – May 4, 2011
RBI Consulting govt over draft guideline for new banks; Uncertainty continues over licences to new pvt banks
RBI raises policy rates by 50 basis points
Repo to be reference rate for monetary policy- RBI, 9th Increase in rates by RBI in last one year
RBI ups provisioning on select types of non-performing loans
Micro Finance Institutions (MFIs) cannot charge more than 26 pc interest – RBI
Home, auto loans to cost more as RBI tightens policy
RBI Monetary Policy Statement for 2011-12 Press Statement by Dr. D. Subbarao, Governor
RBI Monetary Policy Statement 2011-12
Changes in Repo and Reverse Repo Rates
RBI increases Interest Rate on Savings Deposits to 4 Percent
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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