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
RBI's Master Circular dated 1-7-2011 on Prudential norms for classification, valuation and operation of investment portfolio by banks
Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident (NRO) and Non-Resident (External) (NRE) Accounts – RBI's Master Circular dated 1-7-2011,
RBI's Master Circular, dated 1-7-2011 on Rupee/Foreign Currency Export Credit & Customer Service to Exporters
RBI's Master Circular dated 1-7-2011 on Prudential Norms on Capital Adequacy – Basel I Framework
RBI's Master Circular dated 1-7-2011 on Loans and Advances – Statutory and Other Restrictions
RBI's Master Circular dated 1-7-2011 on Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating of Financing of Terrorism (CFT)/Obligation of banks under PMLA, 2002
RBI's Master Circular dated 1-7-2011 on Branch Licensing – Regional Rural Banks (RRBs)
RBI’s Master Circular dated 1-7-2011 on instructions relating to deposits held in FCNR(B) Accounts
RBI's Master Circular, dated 1-7-2011 on Exposure Norms
RBI's Master Circular dated 1-7-2011 on SHG-Bank Linkage Programme
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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