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
FDI Reporting & Adherence to Guidelines/Orders & Consequences of Violation
Creditors needs to adhere time-limit fixed by Magistrate for taking over possession of secured assets
Investment in Umbrella Organization by Primary (Urban) Co-op Banks
Eligible Investee Entities & Instrument of Investment under FDI
Role of RBI in Payment System
Foreign Investment in India- Route and Eligibility
Recovery Officer of Bank cannot continue Auction Sale if dues are Paid before Sale
Extension of time for completion of OTS cannot be claimed as right by borrower
Increasing the quantified OTS amount, without justifying the same, is against the doctrine of Legitimate Expectation
Reporting and Accounting of Central Government transactions of March 2022
Implementation of ‘Core Financial Services Solution’ by NBFCs
Whither Indian Banking Scams?
RBI cautions public against sRide Tech Private Limited
LCR – RBI Compliances on NBFC for LCR w.e.f March 2022
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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