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
Investment Portfolio of Primary Dealers – Extension of HTM Category for PDs
FM releases RBI Working Group Report on credit guarantee for Small & Medium Enterprises
Repayment of Gold Loan
Banks may ask more time for implementation of base rate
Scheme for Collection of Dues of CBEC, CBDT, Ministries account and Reporting and Accounting of March Transactions
Provisioning Requirement by Regional Rural bank for Standard Assets
UCBs – Payment of Interest on Savings Bank Account on Daily Product Basis from 01.04.2010
Prevention of Money-laundering – Amendment Rules, 2009 – Obligation of banks / Financial institutions
RBI may announce norms to rationalise remuneration of CEOs and other key employees in private and foreign banks
External Commercial Borrowings (ECB) Policy – Structured Obligations
RBI Circular No.38 on External Commercial Borrowings (ECB) Policy
External Commercial Borrowings (ECB) Policy – Infrastructure
Review of bilateral clearing arrangements between banks – Regional Rural Banks
Report of the High Level Committee to Review Lead Bank Scheme – Implementation of the recommendations
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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