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Latest Articles


Revisting Round Tripping Under FEMA: A Judicial Approach

Fema / RBI : The article explains how routing Indian funds through offshore structures and reinvesting them into India may violate FEMA and att...

June 13, 2026 57 Views 0 comment Print

RBI Forex Swap Facility for PSU Borrowings: ECB Cost and FX Impact

Fema / RBI : RBI has introduced a concessional forex swap facility allowing eligible PSUs to hedge ECB and OFCB exposures at a fixed 1.50% cost...

June 11, 2026 264 Views 0 comment Print

Know Your Customer (KYC): Regulatory Directions and Implementation

Fema / RBI : RBI's KYC framework mandates customer identification, risk categorization, and ongoing monitoring to combat money laundering and t...

June 10, 2026 414 Views 0 comment Print

FEMA Rule Amended Twice in 7 Months Now Governs GST Refunds & Export Benefits

Fema / RBI : The article explains RBI’s decision to reduce the export proceeds realization period from 15 months to 9 months and its impact o...

June 9, 2026 6675 Views 0 comment Print

FEMA Compliance for Foreign Investments in India

Fema / RBI : Companies receiving foreign investment must comply with reporting, valuation, and approval requirements under FEMA. Failure to do ...

June 5, 2026 336 Views 0 comment Print


Latest News


Portfolio Investment Positions by Counterpart Economy (formerly CPIS) – India: FAQs

Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...

June 2, 2026 780 Views 0 comment Print

Draft RBI (Local Area Banks – Financial Statements: Presentation and Disclosures) Third Amendment Directions, 2026

Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...

April 9, 2026 519 Views 0 comment Print

Draft RBI (Commercial Banks – Financial Statements: Presentation and Disclosures) Sixth Amendment Directions, 2026

Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...

April 9, 2026 480 Views 0 comment Print

Draft RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026

Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...

April 9, 2026 495 Views 0 comment Print

Draft RBI (Regional Rural Banks – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...

April 9, 2026 567 Views 0 comment Print


Latest Judiciary


₹50.13 Lakh Seized Cash Held Benami; Subsequent ITR Filing Cannot Defeat Proceedings

Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...

May 29, 2026 282 Views 0 comment Print

FEMA Tribunal Lifts Property Seizure After Repatriation; Section 37A Not for Perpetual Attachment

Fema / RBI : The case examined whether Indian assets could remain seized after foreign asset value was repatriated. The Tribunal ruled that onc...

May 29, 2026 189 Views 0 comment Print

SAFEMA directs Bank Account Release on Deposit of Alleged Crime Proceeds

Fema / RBI : The appellant claimed the disputed funds were received unknowingly and had attempted to return them. The Tribunal granted relief b...

May 29, 2026 93 Views 0 comment Print

Mere Relationship to Alleged Betting Operator Not Enough to Freeze Assets: SAFEMA

Fema / RBI : The Tribunal held that bank accounts cannot remain frozen merely because the account holder is related to a suspect or under inves...

May 29, 2026 369 Views 0 comment Print

Asset Freeze on Non-Accused Family Members Upheld During Pending PMLA Proceedings

Fema / RBI : The Tribunal held that retention of seized assets can continue under Section 8(3) when a PMLA prosecution complaint is already pen...

May 29, 2026 429 Views 0 comment Print


Latest Notifications


RBI invites comments on Harmonisation and Consolidation of Instructions on Control / Assurance Functions

Fema / RBI : RBI has issued draft amendment directions to harmonise governance standards for risk management, compliance, and internal audit fu...

June 12, 2026 90 Views 0 comment Print

RBI Seeks Public Feedback on Standardised Approach for Counterparty Credit Risk (SA-CCR)

Fema / RBI : RBI has released draft amendment directions on the Standardised Approach for Counterparty Credit Risk after reviewing legal and re...

June 12, 2026 75 Views 0 comment Print

RBI (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026

Fema / RBI : RBI's 2026 amendment directions permit AIFIs to finance listed InvITs but impose stringent conditions relating to valuation, lever...

June 10, 2026 120 Views 0 comment Print

RBI (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026

Fema / RBI : RBI has amended the Small Finance Banks framework to permit lending to listed InvITs while imposing detailed conditions on leverag...

June 10, 2026 75 Views 0 comment Print

RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Eighth Amendment Directions, 2026

Fema / RBI : The RBI has classified bank exposures to REITs as Commercial Real Estate exposures with specified risk weights. Overseas branch le...

June 10, 2026 99 Views 0 comment Print


RBI allows issue of shares under FDI scheme under the Government route

June 30, 2011 1366 Views 0 comment Print

The Reserve Bank of India (RBI) said it has decided to permit the issuance of equity, preference shares under the government route of the foreign direct investment scheme for some categories vide its A. P. (DIR Series) Circular No.74 Dated- June 30, 2011. Circular specifies that Payments should be made directly by the foreign investor to the company. Payments made through third parties citing the absence of a bank account or similar such reasons will not be eligible for issuance of shares towards FDI.

Overseas Direct Investment- Liberalisation/ Rationalisation – A.P. (DIR Series) Circular No. 73

June 29, 2011 1447 Views 0 comment Print

Transfer by way of sale of shares of a JV / WOS – An Indian Party, without prior approval of the Reserve Bank, may transfer by way of sale to another Indian Party which complies with the provisions of Regulation 6 of FEMA Notification 120/RB-2004 dated July 7, 2004 or to a person resident outside India, any share or security held by it in a JV or WOS outside India subject to the following conditions:

Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector – FM

June 28, 2011 7201 Views 0 comment Print

Need to Explore Innovative Approaches to Sustain High Growth With Stability; Challenge is to Harness this Growth to Make the Development Process More Inclusive, Strengthen Food Security, Improve Education Opportunities and Health Facilities Both in Rural and Urban Areas ;Discussions Underway to Build Consensus on Further Liberalisation of the FDI Policy in Retail and Defence Sector: FM

RBI to Issue Regulations for Setting-up of Infrastructure DEBT funds (IDFs) on Company Route

June 24, 2011 8552 Views 0 comment Print

Broad Structure of Proposed Infrastructure DEBT funds (IDFs) Finalized; IDFs — A Novel Attempt to address the Issue of Sourcing Long term DEBT for Infrastructure Projects; RBI to Issue Regulations for Setting-up of IDFs on Company Route

India and the Global Financial Crisis What Have We Learnt?

June 23, 2011 1208 Views 0 comment Print

By all accounts the 2008/09 crisis has been the deepest financial crisis of our times. It has taken a devastating toll on global output and welfare. Arguably, the fundamental causes of all financial crises are the same – global imbalances, loose monetary policy and high levels of leverage driven by ‘irrational exuberance’. In that respect this crisis has been no different.

Section 2 of the Foreign Contribution (Regulation) Act, 2010 – Foreign source – Specified international organization which is not to be treated as foreign source u/s 2(1)(j)(ii)

June 22, 2011 598 Views 0 comment Print

NOTIFICATION NO. S.O. 1433(E) [F. NO. 11/21022/9(1)/2008-FERA-III], DATED 22-6-2011 In exercise of the powers conferred by sub-clause (ii) of clause (j) of sub-section (1) of section 2 of the Foreign Contribution (Regulation) Act, 2010, the Central Government hereby specifies that the following international organisation shall not be treated as foreign source for the purposes of the said Act-

RBI to put the data on Overseas Direct Investment in the public domain

June 22, 2011 1598 Views 0 comment Print

The Reserve Bank of India has decided to put on its website on a monthly basis from July 2011 onwards the outflows on account of Overseas Direct Investment by Indian Companies / Parties as reported by the Authorized Dealers in Form ODI. The report will consist of the following fields, viz., the name of the Indian Company / Party, name of the Joint Venture / Wholly Owned Subsidiary (JV / WOS), name of the country where the investment is made, major activity of the JV / WOS, financial commitment of the parent company in the JV / WOS comprising equity, loan and guarantee issued in USD million. The data in respect of previous period from July 2007 till May 2011 is also being released.

RBI – Smt. Shyamala Gopinath lays down office as Deputy Governor

June 21, 2011 585 Views 0 comment Print

mt. Shyamala Gopinath, Deputy Governor relinquished the office of Deputy Governor of the Reserve Bank of India in the forenoon today. Smt. Gopinath was appointed Deputy Governor of the Reserve Bank of India on September 21, 2004 for a period of five years. On completion of her term, she was re-appointed for a further period up to June 20, 2011.

Shri P. Vijaya Bhaskar and Shri B. Mahapatra take charge as New EDs at RBI

June 20, 2011 879 Views 0 comment Print

Shri P. Vijaya Bhaskar assumed charge as Executive Director of the Reserve Bank of India on June 13, 2011. As Executive Director, Shri Bhaskar will look after Central Security Cell, Department of Banking Supervision and Department of Non-Banking Supervision. Prior to his appointment as Executive Director, Shri Bhaskar was the Regional Director of Karnataka.

RBI – Challenges and Opportunities in a Trillion Dollar Economy

June 20, 2011 1249 Views 0 comment Print

While the future growth outlook of the Indian economy looks promising, the challenge is to make it more inclusive. At the grassroots level, India continues to be a poor and less developed country in spite of years of financial and other support provided by the Government to equity enhancing distributional programmes and the spectacular turnaround in investment and growth. According to a Planning Commission Report on the methodology of estimation of poverty issued in 2009, the all India poverty head count ratio was at 37.2 per cent in 2004-05 compared to 45.3 per cent in 1993-94. Prima facie, while the slow pace of reduction in poverty due to high population growth rate, large workforce still dependent on agriculture and illiteracy continue to obstruct the growth potential, the paradigm that these disabilities can be nevertheless be turned around into a winning proposition is also surely within the realm of possibility.

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