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
EOI – Empanelment of External Experts for assistance in IS Audit Function
RBI – Reconstitution of the Technical Advisory Committee on Monetary Policy
RBI – Policy Guidelines for issuance and operation of Prepaid Payment Instruments in India
RBI – Security Issues and Risk mitigation measures related to Card Not Present (CNP) transactions
RBI seeks Public Comments on Report on Customer Service of Banks
Substitution of term Micro and Small Enterprises in place of SSI in the documents
Inflation, Interest and Impact
FEMA – Exim Bank's Line of Credit of USD 4 million to the Government of the Co-operative Republic of Guyana
Comprehensive Guidelines on Derivatives – Modifications
Misuse of Banking Channels – Issue and Payment of Demand Drafts for Rs. 50,000/- and above
RBI – Relaxation to Trade and Industry in the State of Jammu and Kashmir extended up to March 31, 2012
Loans to go costlier as RBI hikes key rates again, 11th time since Jan 2010
First Quarter Review of Monetary Policy 2011-12 – Press Statement by Dr. D. Subbarao, Governor
Exim Bank's Line of Credit to the Indo – Zambia Bank Limited – A.P.(DIR Series) Circular No.06
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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