Fema / RBI
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HC upheld suspension of FCRA registration of Commonwealth Human Rights Initiative
Inclusion in Second Schedule to RBI Act – Sikkim State Co-op Bank
RBI Master Circular – Housing Finance
RBI Withdraws 100 Circulars & Identified 65 Return for discontinuing/merging or converting into online returns
EM Part II & Udyog Aadhaar Memorandum of MSMEs obtained till 30.06.2020 shall remain valid till 31.03.2022
Banning cryptocurrency is most advisable : Deputy Governor, RBI
FEMA: Detailed Note on Export of services
RBI clarifies on 90 days period’ for determination of ‘out of order’ status of a CC/OD account
Press release about ABG Shipyard issue by SBI
Establishment of Branch / Liaison / Project office in India
Introduction of ‘Digital Rupee’ – New Digital Currency
External Commercial Borrowings (ECBs) in India
Is RBI Scheme of amalgamation of PMC Bank lawful?
मौद्रिक नीति की घोषणा करते हुए आरबीआई गवर्नर ने लोगों को क्रिप्टोकरेंसी के खिलाफ चेतावनी दी
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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