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 Responsible for Monitoring Compliance of Loan Moratorium Circular: HC
Foreign Currency & Indian Currency Bank Accounts-Legal Substance
Gold in India
Subsidiary Company Vs Liaison office
RBI extends timeline for finalization of audited accounts by NBFC
RBI extends FLA 2020 due date to 31st July 2020
RBI’s Updates Relating to Flair & Liquidity Scheme For NBFC/HFCs
All about RBI ‘Floating Rate Savings Bonds’
Reclassify MSMEs as per new definition w.e.f July 1, 2020: RBI to Banks
Supervision of co-operative banks by RBI
Acquisition & Transfer of Immovable Property In India : Fema & International Taxation Perspective
Distressed Assets Fund- Subordinate Debt for Stressed MSMEs
Penalties on bank branches based on customer service performance
Exchange soiled / mutilated / defective notes & Accept Coins: RBI to Banks
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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