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 increases Repo and reverse repo rate by 25 basis points
RBI includes Telecom Towers as an infrastructure facility for availing credit facility
Mid-Quarter Review of Monetary Policy 2010-11 at 12 noon on March 17, 2011
Amendments to the Prevention of Money Laundering Rules, 2005
Formation of new district in Uttar Pradesh – Assignment of Lead Bank Responsibility
Introduction of Annual return on Foreign Liabilities and Assets reporting by Indian Companies and discontinuation of the Part B of form FC-GPR
Coins of 25 Paise and Below – Withdrawal from Circulation
Inflation rises to 8.31 pc, RBI may hike policy rates
Automation of non-MICR Clearing Houses – Implementation of a new Clearing Software – Express Cheque Clearing System
How to identify Forged / Fake note – FAQ
Foreign banks' headcount down over 6 Percent – RBI
RBI releases Statistical Tables Relating to Banks in India 2009-10
91 Days Treasury Bills makes way for Interest rate Futures
RBI holds meeting of FSDC
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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