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Fema / RBI : RBI's draft guidance highlights Board oversight, data governance and accountability as key foundations for responsible AI adoption...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...
Accordingly, the instructions/guidelines contained in Master circular UBD.BL(PCB)MC.No.14/07.01.000/2009-10 dated July 1, 2009 and circular UBD.CO.LS.Cir.No.52/07.01.000/2009-10 dated June 16, 2008 have been reviewed and it has been decided that approvals for opening off site ATMs in respect of such UCBs will henceforth be considered outside Annual Business Plans, subject to:
Instances have been observed where NBFCs have made overseas investments without regulatory clearance of the Department of Non-Banking Supervision, Reserve Bank of India. Any investments made by NBFCs without regulatory clearance is a violation of FEMA 2004 and attracts penal provisions.
If you have written ‘hundered’ instead of ‘hundred’ on a cheque, don’t just strike off the additional ‘e’ and issue the cheque. Use a fresh leaf instead, or it could cost you Rs100-550. The Reserve Bank of India (RBI) has notified banks in a recent circular to not accept cheques that have corrections or alterations in anything but the date. The measure has been taken to “help banks identify and control fraudulent alterations”. The banks have started informing customers about the policy change through mailers.
In this connection, we advise that apart from Credit Information Bureau of India Ltd., (existing credit information company in operation since January 2001) DBOD has recently issued certificate of registration to Experian Credit Information Company of India Pvt. Ltd. and Equifax Credit Information Services Pvt. Ltd. on February 17, 2010 and March 26, 2010 respectively to commence the business of credit information. The addresses and other details of the companies are given below.
The Reserve Bank of India Act, 1934 (RBI Act) requires a Non-banking Financial Company (NBFC) undertaking inter-alia, the business of acquisition of shares, stock, bonds, debentures or other marketable securities to obtain a Certificate of Registration as a NBFC. Such entities are regarded as Investment Companies by the Reserve Bank of India (RBI) and regulated as such.
Reserve Bank had declared 108 Non Banking Financial Companies (NBFCs) as vanishing companies during the last three years, Rajya Sabha was informed today. “Whenever a company is declared as vanishing the matter is referred to the Economic Offences Wing of the concerned state government,” Minister of State for Finance Namo Narain Meena said in a written reply.
India today said it would next month initiate discussion on liberalising Foreign Direct Investment in sectors ranging from defence to agriculture and even retail — a source of political woes for the government in the past. The Department of Industrial Policy and Promotion (DIPP), the nodal agency for framing FDI policies, will come out with six discussion papers in mid-May on overseas investment norms.
The Enforcement Directorate’s (ED) probe into suspected money-laundering and foreign exchange violations in the Indian Premier League (IPL) has zeroed in on 18 benaami companies based out of India who have made huge investments in some IPL franchisees.
The government plans to plug loopholes in investment of foreign equity from a single source into one company through multiple routes. Currently, different agencies monitor the foreign investment flow, leading to policy overlaps and violations.
Banks will have to soon put in place an additional authentication cover for their credit and debit card customers transacting over phone, or get penalised. Taking forward its efforts to tackle identity frauds in non-branch banking transactions, the Reserve Bank has asked all the banks operating in the country to put in place by next year a system where credit and debit card customers would need to provide an additional password for IVR (interactive voice response) transactions.
