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
NBFC registration with RBI Compliance
Change in rules for opening current account with banks
Gold Card Scheme for Creditworthy Exporters
Draft framework for recognition of a Self-Regulatory Organisation for Payment System Operators
RBI releases framework for authorisation of pan-India Umbrella Entity for Retail Payments
RBI latest guidelines on Core Investment Companies
RBI revises guidelines applicable for Core Investment Companies
No to current account for customers having CC/OD facilities & its Impact Analysis
No Current Account In Banks for CC/OD Customers?
One Time Restructuring allowed by RBI – Analysis
RBI decides to implement system-based asset classification in UCBs
What is residential status under Foreign Exchange Management Act, 1999
Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2020
RBI Payment and Settlement Systems
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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