RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
Fema / RBI : Explains RBI's cancellation of 135 NBFC registrations under Section 45-IA, the SBR framework, cancellation grounds and the regulat...
Fema / RBI : RBI's draft guidance highlights Board oversight, data governance and accountability as key foundations for responsible AI adoption...
Fema / RBI : Know the FLA Return filing requirement under FEMA, due date, FLAIR portal process, reporting rules, revisions and key compliance r...
Fema / RBI : FEMA Compounding Rules, 2024, RBI Directions and April 2025 amendments revise compounding, digital filing, jurisdictional limits a...
Fema / RBI : Explains NRI and resident status under FEMA, Section 3 restrictions, current and capital account transactions, and examples of per...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : Bombay HC permitted withdrawal of wilful defaulter orders and directed fresh proceedings after disclosure of relevant material, pe...
Fema / RBI : Calcutta HC permitted the borrower to file a fresh RBI Ombudsman complaint in the prescribed format and directed its consideration...
Fema / RBI : Calcutta HC directed completion of liquidation of 32 banking companies within six months with periodic reporting to RBI....
Fema / RBI : The Karnataka High Court upheld the Appellate Tribunal's finding that the respondents satisfied the definition of person resident ...
Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...
Fema / RBI : RBI released draft Foreign Investment Rules, 2026 for public comments until August 31, 2026, proposing a simplified, principle-b...
Fema / RBI : RBI released draft data governance guidance for regulated entities, inviting comments by August 17, 2026, on governance, data qual...
Fema / RBI : RBI consolidates SRVA instructions, supersedes earlier circulars, permits FEMA transactions through SRVAs, and updates reporting w...
Fema / RBI : RBI amends Local Area Bank Directions on SNFA income recognition, reversal of unrealised income and accounting treatment, effectiv...
Fema / RBI : RBI amends RRB income recognition norms for SNFAs, prescribing treatment of unrealised income and realised receipts from October 1...
It is advised that banks will not be permitted to charge foreclosure charges/ pre-payment penalties on all floating rate term loans sanctioned to individual borrowers, with immediate effect.
Further, in terms of para 3 of our Circular DBOD. No. Leg. BC.35/09.07.005/2012-13 dated August 10, 2012 on ‘Financial Inclusion- Access to Banking Services – Basic Savings Bank Deposit Accounts’ it was advised to banks that no charge should be levied for non-operation/activation of Basic Savings Bank Deposit Accounts (BSBDAs).
Minors above the age of 10 years may be allowed to open and operate savings bank accounts independently, if they so desire. Banks may, however, keeping in view their risk management systems, fix limits in terms of age and amount
Foreign Direct Investment (FDI) in India –Reporting mechanism for transfer of equity shares/ fully and mandatorily convertible preference shares/ fully and mandatorily convertible debentures
Expenses incurred at pre acquisition stage for performing due diligence etc. for acquiring financial assets from banks/ Fls should be expensed immediately by recognizing the same in the statement of profit and loss for the period in which such costs are incurred.
Government of India Ministry of Commerce & Industry Department of Industrial Policy & Promotion (FC Section) Circular 1 of 2014 Subject: Consolidated FDI Policy. The “Consolidated FDI Policy” is attached. 2. This circular will take effect from April 17, 2014. Download Consolidated FDI Policy (Anjali Prasad) Additional Secretary to the Government of India D/o IPP […]
It has now been decided that Limited Liability Partnership (LLP) formed and registered under the Limited Liability Partnership Act, 2008 shall be eligible to accept Foreign Direct Investment (FDI) subject to the conditions given in Annex I.
Despite the policy efforts to usher in transparency and fairness to the credit pricing framework, there have been certain concerns from the customer service perspective. These mainly relate to the downward stickiness of the interest rates, discriminatory treatment of old borrowers vis-à-vis new borrowers, and arbitrary changes in spreads, etc.
In order to facilitate receipt of foreign inward remittances directly into bank accounts of the beneficiaries, it has been decided to allow foreign inward remittances received under Rupee Drawing Arrangement (RDA) to be transferred to the KYC compliant beneficiary bank accounts through electronic mode, such as, NEFT, IMPS, etc.
With the amendments to Prevention of Money Laundering (PML) Rules, notified by the Government of India vide Notification No. 12 of 2013 dated August 27, 2013 and in terms of amended Rule 3, every reporting entity is required to maintain a record of all transactions including the record of all cross border wire transfers of more than Rs. 5 lakh or its equivalent in foreign currency, where the place of either origin or destination of the fund is in India.
