Fema / RBI
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RBI Notifies Payments Banks Statutory Audit Directions 2026 Prescribing Auditor Appointment and LFAR Requirements
RBI Issues Payments Banks Internal Audit Function Directions, 2026
RBI Issues Payments Banks Fraud Risk Management Directions, 2026 with Immediate Effect
RBI Issues Digital Payment Security Controls Directions 2026 for Payments Banks
RBI Issues Payments Banks Cybersecurity and Technology Risk Framework Directions, 2026
RBI Issues Payments Banks Concurrent Audit Directions, 2026 With Immediate Effect
RBI Issues Payments Banks Compliance Function Directions, 2026 Effective Immediately
RBI Issues Small Finance Banks Miscellaneous Supervisory Directions, 2026 with Immediate Effect
RBI Issues Small Finance Banks Supervisory Returns Directions, 2026 with Immediate Effect
RBI Issues Small Finance Banks Statutory Audit Directions, 2026 with Immediate Effect
RBI Issues Small Finance Banks Internal Audit Function Directions, 2026
RBI Issues NBFC Cybersecurity and Technology Risk Directions, 2026 with Governance Framework
RBI Issues NBFC Compliance Function Directions, 2026 with Immediate Effect
RBI Issues All India Financial Institutions Miscellaneous Supervisory Directions, 2026
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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