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
New base rate and its impact on home loan borrowers
New Base rate system for interest rate brings more transparency
Cheque with alteration/corrections will be honoured till 30th November 2010
Export of Goods and Software – Realisation and Repatriation of export proceeds – Liberalisation
RBI/2009-10/511 DBOD.Dir.(Exp).BC.No. 115 /04.02.001/2009-10, dated: 29.06.2010
Foreign Exchange (Compounding Proceedings) Rules, 2000 – Compounding of Contraventions under FEMA, 1999
Issue of NCDs of maturity upto 1 year by agencies dealing in securities and money market instruments
Indian rupee set to get symbol for the first time in its history
Will cheques with alteration or corrections be dishonoured? RBI clarifies
Financial intermediaries will have to maintain specific information about their clients’ political links
Issuance of Non-Convertible Debentures (Reserve Bank) Directions, 2010
Standardisation and Enhancement of Security Features in Cheque Forms
RBI circular on Compromise/Negotiated/One Time settlement of Non Performing Assets
RBI in favour of deregulation of interest rates on savings bank accounts
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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