RBI / FEMA

Press Information Bureau Government of India Ministry of Finance Dated: 20-August-2016 20:42 IST Dr. Urjit R Patel appointed as the New Governor of Reserve Bank of India (RBI) for a period of three ye...

INTRODUCTION Many a times it has been observed that, there are various persons in our surroundings who are involved in social cause with no profit making objective in their mind. These kind of persons...

Date : Jul 26, 2016 “Criticism of the central bank using arguments unsupported by evidence is widespread. The Bank of England was criticized for laying out the economic costs of Brexit, the ECB has be...

Date : Jul 18, 2016 In the foreseeable future, we will bring formal financial services to every Indian who wants them: RBI Governor “In the foreseeable future, we will bring formal financial services...

How to Report Foreign Investment to RBI through Authorized Dealer Every Indian Company who receives FDI (Foreign Direct Investment) needs to report such FDI inflow to Reserve bank of India. Therefore...

Seems the continuing foreign tours taken up by the Prime Minister of our country is indeed resulting in tremendous international alliances for the country. One of the main focus areas of such internat...

Q 1. What is an EEFC Account and what are its benefits? Ans. Exchange Earners’ Foreign Currency Account (EEFC) is an account maintained in foreign currency with an Authorised Dealer Category – I bank...

The Reserve Bank of India is entrusted with the responsibility of regulating and supervising the Non-Banking Financial Companies by virtue of powers vested in Chapter III B of the Reserve Bank of Indi...

Annual Compliances under Foreign Exchange Management Act, 1999 – An Insight A. Annual Return on Foreign Liabilities and Assets: 1. In order to capture the statistics relating to FDI and ODI in a more...

Quick Annual Return On Foreign Liabilities And Assets Under Foreign Exchange Management Act, 1999 The filing of annual return on foreign liabilities and assets (FLA return) has been introduced via A....

Vision Statement Building best of class payment and settlement systems for a ‘less-cash’ India through responsive regulation, robust infrastructure, effective supervision and customer centricity 1.1 T...

(Dr. Raghuram G. Rajan, Governor – June 22, 2016 – at ASSOCHAM – Interactive Meet with Industry & Trade, Bengaluru) Thank you very much for inviting me to give this talk. Ordinarily, in a city like Be...

Press Information Bureau Government of India Ministry of Finance 17-June-2016 17:14 IST Non Resident Indians (NRIs) can now join and subscribe to NPS online through eNPS NRIs have a pivotal role to pl...

a comparative analysis Introduction Like every year, the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce & Industry had released the Consolidated Foreign Direct Investment P...

1.Q Where are the guidelines pertaining to overseas direct investments available and how to get clarifications pertaining to the guidelines on overseas investment? Ans The guidelines have been notifie...

Things to know with FAQs In this article we have compiled 18 things to know about Sovereign Gold Bond Scheme 2015 and 37 frequently asked question on the scheme. Sovereign Gold Bond are government sec...

FAQs on Priority Sector Lending Certificates (PSLC) (As on May 24, 2016) 1. What is the expiry date of Priority Sector Lending Certificates (PSLC)? All PSLCs will be valid till March 31st and will exp...

FAQ on Compounding of Contraventions under FEMA, 1999 (As on June 03, 2016) Q.1. What is meant by contravention and compounding of contravention? Ans. Contravention is a breach of the provisions of th...

Raising of Funds Through Compulsorily Convertible Debentures Broadly any company issuing Compulsorily Convertible Debentures (CCD) will be required to comply following laws in India, which are as unde...

Whether a person being resident in India can accept and possess foreign currency? Many persons are interested at preserving old currency, new released currency, foreign currency received by them. Few...