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 permit banks to allow customers to pay crystallized MTM of derivative contracts in installment
The NBFC –Factors (Reserve Bank) Directions, 2012
Personal guarantee must before loan restructuring
Revised RBI Guidelines on Priority Sector Lending-Targets & Classification
Interest Rates on Rupee Deposits held in Domestic, Ordinary Non-Resident and Non-Resident (External) Accounts
RBI – Interest Rates on Deposits held in FCNR (B) Accounts
Scheme for Investment by QFIs in Indian corporate debt securities
Services of brokers can be availed to Sale of securities allotted in Primary issues on the same day
Direct Investments Outside India
RBI rationalises customer charges for NEFT
Fema -Submission of Revised A-2 Form
Non Resident Deposits – Comprehensive Single Return
RBI permits cancellation & rebooking of forward contract by residents involving Rupee as one of the currencies
KYC once done by one branch of bank should be valid for transfer of account within the bank
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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