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
RBI bans American Express & Dinners Club from accepting new customers
RBI issues instructions on Declaration of dividends by banks
Special Non Resident Rupee Account (SNRR) FAQs
Formation of new district in Tamil Nadu –Assignment of Lead Bank Responsibility
RBI constitutes a Committee on functioning of ARCs
Time period of realisation of Export Proceeds under FEMA
Secured Debts have priority against Government dues in respect of Assets against which such loan was given
RBI releases Names of Applicants for ‘on tap’ Licensing of Universal & Small Finance Banks
Annual Performance Report Under FEMA 1999
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit- Extension
Bank Audits 2021- Decoding Agriculture Advances
RBI enhances limit of maximum balance per customer at end of day to ₹2 lakh for Payments Banks
RBI increases limits for bank lending against NWRs/eNWRs
Bank loans to HFCs for on-lending for housing to continue
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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