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
Date for raising ECB for working capital for civil aviation sector extended till 31.12.2013
RBI discontinues External Commercial Borrowings (ECB) in Renminbi (RMB)
Acknowledgement by RRBs at the time of submission of Form 15-G / 15-H
External Commercial Borrowings (ECB) for low cost affordable housing projects
RBI keep CRR unchanged in its Mid-Quarter Monetary Policy Review, June 2013
Foreign Direct Investment – Reporting of issue / transfer of Shares to/by a FVCI
Foreign investment in India by SEBI registered Long term investors in Government dated Securities
Enhancement of the value of transaction for Export related receipts facilitated by Online Payment Gateways
NBFCs not to be Partners in Partnership Firms – Clarifications
Export of Goods and Services – Realization and Repatriation period for units in SEZ
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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