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
Memorandum of Instructions for Opening and Maintenance of Rupee /Foreign Currency Vostro Accounts of Non-resident Exchange Houses
High Level Committee to Review Lead Bank Scheme – Providing banking services in every village having population of over 2000 by March 2011
Circular on Augmentation of capital funds by issue of Long Term Deposits
RBI plans to set up working group to revisit the draft guidelines on credit default swaps (CDS)
RBI/2009-10/236, Dated: 27.11.2009
Banks are instructed to accept cheques written in regional languages
Working committee to review existing policy on foreign portfolio investment
RBI appointed Dr. Subir Gokarn as Deputy Governor
Sorting / Processing of Notes – Installation of Note Sorting Machines
RBI guideline on Fair Practice Code for Lenders and EMI calculation methods
RBI Directions for opening and operation of Accounts and settlement of payments for electronic payment transactions involving intermediaries
RBI Circular on Up-gradation of RTGS System to Windows 2008
RBI asked bank and financial institutions to report suspicious deals within 7 days
RBI advisory asked banks to limit their mutual fund (MF) exposure
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.
At Taxguru, we provide you with all the RBI latest news, RBI circulars, RBI notifications and all the updates with respect to FEMA Act and FEMA regulations. We keep you posted with all the latest updates on RBI rates and RBI rate charts. At Taxguru, our team ensures we publish all the latest RBI news. Bookmark us to get all the latest news on RBI and FEMA.
