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
QE-II and FII inflows into India – Is there a Connection? RBI Working Paper
RBI decides to implement guidelines relating to introduction of CDS for Corporate Bonds w.e.f December 1, 2011
RBI – Prudential Guidelines on Credit Default Swaps (CDS) applicable from 30.11.2011
Financial Inclusion-Opening of Aadhaar Enabled Bank Accounts (AEBA) for implementation of EBT for routing MGNREGA wages and social security benefits
Branch Authorization Policy – Relaxation- opening of Tier 2 branches under general permission
SC asks Ketan Ketan Parikh and Co to Deposit deposit 50 percent of penalty imposed for Fema violations
RBI – Payment System Issues and Challenges
NABARD Monitors Performance of Cooperative Banks to improve their Functioning
Fictitious offers of cheap funds from abroad – Awareness Campaign – Registering complaints with Cyber Crime Cell/ Economic Offences Wing
Sub-Committee Constituted by RBI under Shri Y.H. Malegam Submits its Report regarding Micro Finance Sector
Rejigging the Elephant Dance
Deregulation of Savings Bank Deposit Interest Rate in Urban Co-operative Banks
Amendment to Senior Citizens Savings Rule, 2004 (SCSS, 2004) To allow verification of Affidavits by” Notary Public” along with “Oath Commissioner” in SCSS, 2004
SBI decides to abolish pre-payment charges on home loans
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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