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Fema / RBI

RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ

Latest Articles


Inside RBI’s Sweeping Cancellation of 135 NBFC Registrations

Fema / RBI : Explains RBI's cancellation of 135 NBFC registrations under Section 45-IA, the SBR framework, cancellation grounds and the regulat...

July 20, 2026 420 Views 0 comment Print

Next Corporate Governance Challenge Isn’t AI—It’s Data Governance

Fema / RBI : RBI's draft guidance highlights Board oversight, data governance and accountability as key foundations for responsible AI adoption...

July 18, 2026 253 Views 0 comment Print

FLA Return under FEMA: Applicability, Due Date, Filing Process & Practical FAQs

Fema / RBI : Know the FLA Return filing requirement under FEMA, due date, FLAIR portal process, reporting rules, revisions and key compliance r...

July 18, 2026 318 Views 0 comment Print

New FEMA Compounding Framework: Shift from Enforcement to Compliance

Fema / RBI : FEMA Compounding Rules, 2024, RBI Directions and April 2025 amendments revise compounding, digital filing, jurisdictional limits a...

July 16, 2026 267 Views 0 comment Print

FEMA: NRI Status, Current and Capital Account Transactions

Fema / RBI : Explains NRI and resident status under FEMA, Section 3 restrictions, current and capital account transactions, and examples of per...

July 13, 2026 516 Views 0 comment Print


Latest News


Portfolio Investment Positions by Counterpart Economy (formerly CPIS) – India: FAQs

Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...

June 2, 2026 951 Views 0 comment Print

Draft RBI (Local Area Banks – Financial Statements: Presentation and Disclosures) Third Amendment Directions, 2026

Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...

April 9, 2026 621 Views 0 comment Print

Draft RBI (Commercial Banks – Financial Statements: Presentation and Disclosures) Sixth Amendment Directions, 2026

Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...

April 9, 2026 618 Views 0 comment Print

Draft RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026

Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...

April 9, 2026 594 Views 0 comment Print

Draft RBI (Regional Rural Banks – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...

April 9, 2026 720 Views 0 comment Print


Latest Judiciary


Wilful Defaulter Proceedings Remanded After Natural Justice Violations: Bombay HC

Fema / RBI : Bombay HC permitted withdrawal of wilful defaulter orders and directed fresh proceedings after disclosure of relevant material, pe...

July 21, 2026 81 Views 0 comment Print

Calcutta HC Directs Borrower to RBI Ombudsman Over Undervalued Truck Auction

Fema / RBI : Calcutta HC permitted the borrower to file a fresh RBI Ombudsman complaint in the prescribed format and directed its consideration...

July 18, 2026 102 Views 0 comment Print

Calcutta HC Orders Completion of 32 Banking Company Liquidation

Fema / RBI : Calcutta HC directed completion of liquidation of 32 banking companies within six months with periodic reporting to RBI....

July 1, 2026 168 Views 0 comment Print

No FEMA Violation Where Foreign Nationals Qualify as Persons Resident in India: Karnataka HC

Fema / RBI : The Karnataka High Court upheld the Appellate Tribunal's finding that the respondents satisfied the definition of person resident ...

June 20, 2026 288 Views 0 comment Print

₹50.13 Lakh Seized Cash Held Benami; Subsequent ITR Filing Cannot Defeat Proceedings

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...

May 29, 2026 399 Views 0 comment Print


Latest Notifications


RBI issues draft Guidance on Regulatory Expectations for Data Governance

Fema / RBI : RBI released draft data governance guidance for regulated entities, inviting comments by August 17, 2026, on governance, data qual...

July 21, 2026 144 Views 0 comment Print

RBI Consolidates SRVA Framework & Rationalises INR Cross-Border Settlement Rules

Fema / RBI : RBI consolidates SRVA instructions, supersedes earlier circulars, permits FEMA transactions through SRVAs, and updates reporting w...

July 17, 2026 282 Views 0 comment Print

RBI Amends Local Area Bank Income Recognition Rules for Specified Non-Financial Assets

Fema / RBI : RBI amends Local Area Bank Directions on SNFA income recognition, reversal of unrealised income and accounting treatment, effectiv...

July 17, 2026 105 Views 0 comment Print

RBI Amends RRB Income Recognition Rules for Specified Non-Financial Assets

Fema / RBI : RBI amends RRB income recognition norms for SNFAs, prescribing treatment of unrealised income and realised receipts from October 1...

July 17, 2026 162 Views 0 comment Print

RBI Revises SNFA Income Recognition Rules for Rural Co-operative Banks

Fema / RBI : RBI amends income recognition norms for SNFAs, requiring reversal of unrealised income and prescribing accounting treatment from O...

July 17, 2026 87 Views 0 comment Print


RBI Circular on Cash Withdrawal at Point-of-Sale

July 22, 2009 1503 Views 0 comment Print

Presently cash withdrawal facility using plastic cards is available only at Automatic Teller Machines (ATMs). As on May 31, 2009, number of ATMs and POS terminals in the country stood at 44,857 and 4,70,237 respectively. The use of debit cards at Point-of-Sale (POS) terminals at different merchant establishments has been steadily increasing. As a further step towards enhancing the customer convenience in using the plastic money, it has been decided to permit cash withdrawals at POS terminals. To start with, this facility will be available for all debit cards issued in India, upto Rs.1000/- per day.

Indian Depository Receipt Rules notified by GOI operationalises with immediate effect

July 22, 2009 808 Views 0 comment Print

Foreign Institutional Investors (FIIs) including SEBI approved sub-accounts of the FIIs, registered with SEBI and Non-Resident Indians (NRIs) may also invest, purchase, hold and transfer IDRs of eligible companies resident outside India and issued in the Indian capital market, subject to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2000 notified vide notification no. FEMA 20 / 2000-RB dated May 3, 2000.

Fema-Master Circular released containing consolidated instructions/ guidelines/ circulars issued from July 01, 2008 to June 30 2009

July 2, 2009 928 Views 0 comment Print

As many of you aware that the RBI will be issuing Master Circular in the subject matter on every year in the month of July. It is consolidated the instructions/ guidelines/ circulars issued from July 01 to June 30 (12 months period) in every year. Accordingly, the RBI has issued Master Circular on the following matters pertaining to FEMA by today i.e July 01, 2009.

RBI circular on RTGS Transactions to all banks participating in RTGS

June 16, 2009 3251 Views 0 comment Print

It may be noted that field tag 7495 contains 6 lines and the RTGS participants are required to provide the minimum return information as stated above in the first three lines. Any additional information, in case an RTGS participant intends to provide, may do so in the subsequent three lines.

Download Fema Forms in Excel/Word Format for Free

June 6, 2009 86412 Views 0 comment Print

We welcome you to view updated version of various Forms under Foreign Exchange Management Act (FEMA), 1999. This part shows all the Forms issued by the Reserve Bank of India since inception of FEMA, 1999 i.e. w.e.f. 01/06/2000 up till date. We have uploaded all the forms in word format. Our site is the only site which provides all the forms for free.

RBI ask to cut salary of CEO of ING Vysya Bank, Axis Bank and DCB

June 6, 2009 2079 Views 0 comment Print

The Reserve Bank of India, citing its powers as banking regulator, has put on hold the salaries of Chief Executive Officers of three private sector banks, ING Vysya Bank, Axis Bank and Development Credit Bank, arguing that these are inflated and not in sync with the market. Incidentally, all three banks have recently hired CEOs […]

Govt ask RBI to continue appointing auditors for PSU Banks

May 23, 2009 453 Views 0 comment Print

The government has turned down a proposal of the Reserve Bank of India (RBI) to allow public sector banks to select auditors independently. Last year, RBI had made the proposal to the finance ministry, which forwarded it to the Ministry of Corporate Affairs (MCA), the nodal body for auditors. The proposal was in line with […]

Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2009

May 22, 2009 3227 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999) and in consultation with the Reserve Bank, the Central Government, having considered it necessary in the public interest, hereby makes the following further amendments in the Foreign Exchange Management (Current Account Transactions) Rules, 2000, namely

CA charged for violation of FEMA rules & Rs. 26 lakhs penalty imposed

May 20, 2009 1213 Views 0 comment Print

The documentary evidence which was placed by the appellant before the Appellate Authority should have been considered independently of provisions of Section 72 of the FERA . The appellant could prove his contention with evidence available including the documents. If the documents are not authenticated the appellant could be given opportunity to prove the documents and their contents. His contention could not be rejected merely because the documents were not authenticated.

RBI asked banks to review their existing policies for lending to MSEs

May 8, 2009 510 Views 0 comment Print

The Reserve Bank of India (RBI) has asked banks to review their existing policies for lending to micro and small enterprises (MSEs) and frame norms for restructuring sick units that are potentially viable. RBI also said that banks should frame policies on extension of credit facilities and non-discretionary One-Time Settlement (OTS) schemes for recovery of non-performing […]

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