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
Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2024
NOF Default: Delhi HC Orders RBI to Reconsider NBFC Registration Cancellation
RBI Guidelines for Digital Payment Accessibility for Persons with Disabilities
RBI Invites Applications for Faculty Research Scholarships
RBI Revises Guidelines for ARCs on Data Submission to CICs
Internal Risk Assessment Guidance for Money Laundering/ Terrorist Financing Risks
Credit Information Reporting Mechanism Post License/Certificate Cancellation by RBI
RBI Monetary Policy October 2024: Key Rates and Measures
RBI Highlights Inflation Targeting Framework; Maintains repo rate at 6.50%
RBI Extends Interest Equalization Scheme for Exports
RBI Digitizes Compounding Process Under FEMA, 1999
A Critique of Proposed Amendments to Bank Deposit Nominations
Down Stream Investment – Introduction & Reporting
FAQ on Compounding of Contraventions under FEMA, 1999
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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