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 – Authorisation Guidelines for Primary Dealers (PDs)
RBI – Reflections on Regulatory Challenges and Dilemmas
RBI launches the 25th Round of Inflation Expectations Survey of Households
RBI releases Draft Guidelines for Licensing of New Banks in the Private Sector
Key Feature and Background of Draft Guidelines for Licensing of New Banks in the Private Sector
RBI releases Report of the Working Group on the Issues and Concerns in the NBFC Sector
RBI extends Rupee Drawing Arrangements (RDAs) under the Speed Remittance procedures to Exchange Houses situated in Malaysia
Foreign Direct Investment (FDI) Prospect for India
FEMA – Section 41 of the Foreign Contribution (Regulation) Act, 2010 – Composition of certain offences – Specified offences and authority
RBI – Contingency plan during strikes in banks / natural calamity- Arrangements for feeding of ATMs
RBI Committee to re-examine the existing classification and suggest revised guidelines with regard to priority sector lending classification and related issues
RBI releases Annual Report for 2010-11
Banking, electronic payments and road ahead
Issuance of Non-Convertible Debentures (NCDs)-Minimum Rating of NCDs
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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