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
Report of the High Level Committee to Review Lead Bank Scheme-Implementation of the recommendations
RBI releases Study on State Finances 2009-10
Overseas Investment Application – Online Reporting of Overseas Direct Investment in Form ODI
Guidelines for transfer of assets and liabilities of Urban Cooperative Banks to commercial banks
Corporates requested RBI non to ban currency derivatives
Ministry of Finance approved 12 FDI Proposals worth 1046 crore
Cheques with alteration/corrections will not be honoured from 01.07.2010
Standardisation and Enhancement of Security Features in Cheque Forms
Payment of Interest on Savings Bank Account on Daily Product Basis: RBI notification
RBI notification on Interest Rates on Export Credit in Foreign Currency
RBI expect inflation to start moderating from July 2010
RBI notification on Setting up of Cash Processing Centres – Recommendation of HLG
Review of bilateral clearing arrangements between banks – State and Central Co-operative Banks
Base Rate System and Its role in transparency
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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