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
Interest rate on home loans may remain unchanged
Exim Bank’s Line of Credit to Government of the United Republic of Tanzania
ECB Policy eased for facilitating Spectrum allocation payment
RBI likely to hike CRR , Repo Rate and Reverse Repo Rate
DBOD. AML.No.13039/14.06.060/2009-10- Dated: 25.01.2010
RBI circular on External Commercial Borrowings (ECB) Policy
ATM transaction not free for banks
Government asked RBI it to consider classifying loans to the infrastructure sector as secured
List of Terrorist Individuals/ Organisations – under UNSCR 1267(1999) and 1822(2008) on Taliban/Al-Qaida Organisation
RBI proposed banks to charge uniform home loan rate to old customers but major banks rejected the proposal
RBI guidelines on trading of Currency Futures in Recognized Stock Exchanges
RBI notified relaxation in remittance of salary by foreign nationals working in India
RBI notification regarding maintenance of CRR/SLR
RBI likely to allow money withdrawals from the point of sale terminals using prepaid cards issued by banks
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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