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 limits Liability of customers in online fraud cases
Point of Presence Services under PPFRDA for NPS
SFBS: Compendium of Guidelines on Financial Inclusion and Development
Small Finance Banks – Compendium of Guidelines on Financial Inclusion and Development
Customer Protection – Limiting Liability of Customers in Unauthorized Electronic Banking Transactions
Investment by FPI in Govt Securities Medium Term Framework Review
RBI Master Circular 2017– Facility for Exchange of Notes and Coins
Master Direction: RBI (Relief Measures by banks in areas affected by Natural Calamities) Directions 2017
Standard Operating Procedure for FDI in India
RBI Master Circular 2017– Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
Master Circular- Disbursement of Govt Pension by Agency Banks
Limits on balances in customer accounts with payments banks – sweep out arrangements with other banks
Government transactions not eligible for agency commission
Specified Bank Notes can be deposited by DCCBs till 19th July 2017
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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