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
Banking – Revised format for obtaining declaration and undertaking from existing directors as well as person to be appointed/elected as director on the Boards of Banks
Hedging IPO flows by Foreign Institutional Investors (FIIs) under the ASBA mechanism
Forward cover for Foreign Institutional Investors – Rebooking of cancelled contracts
FEMA : RBI's directions on AML/CFT standards in Cross Border Inward Remittance under MTSS based on statement of FATF – A.P. (DIR SERIES) CIRCULAR NO. 66, DATED 20-05-2011
FEMA – RBI's instructions on further statement of FATF relating to AML/CFT standards – A.P. (DIR SERIES) CIRCULAR NO. 65, DATED 20-05-2011
FEMA – RBI’s guidelines on tackling risks arising from deficiencies in AML/CFT regime of specified countries – A.P. (DIR SERIES) CIRCULAR NO. 64, DATED 20-05-2011
FEMA – RBI's instructions on application of counter-measures to protect international financial system from ongoing money laundering and terrorist financing risks – A.P. (DIR SERIES) CIRCULAR NO. 63, DATED 20-05-2011
RBI releases 'Quarterly Statistics on Deposits and Credit of Scheduled Commercial Banks – December 2010'
Setting up of Central Electronic Registry under the SARFESAI Act, 2002
RBI raises NPA provisioning for bad loans
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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