Fema / RBI
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RBI Introduces SNFA Prudential Framework for Regional Rural Banks
RBI Issues SNFA Prudential Norms for Rural Co-operative Banks
RBI Prescribes SNFA Prudential Norms for Urban Co-operative Banks
RBI Introduces SNFA Prudential Framework for All India Financial Institutions
RBI Introduces Prudential Norms for NBFC Specified Non-Financial Assets
RBI Prescribes Prudential Norms for SNFAs Acquired by Small Finance Banks
RBI Introduces Prudential Norms for Specified Non-Financial Assets
New FEMA Compounding Framework: Shift from Enforcement to Compliance
RBI issues draft Guidance on Regulatory Expectations for Data Governance
RBI Directs Compliance After MHA Designates 23 Individuals Under UAPA Fourth Schedule
RBI Revises Urban Cooperative Bank Credit Directions for Project Financing and Electricity Projects
RBI Revises AIFI Credit Directions for Project Financing & Electricity Projects
RBI Revises NBFC Credit Directions for Project Financing & Electricity Projects
RBI Revises Small Finance Bank Credit Directions for Project Financing & Electricity Projects
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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