RBI / FEMA

Standard Operating Procedure (SOP) to open and operate the “FCRA Account” as provided under Section 17(1) of the amended Foreign Contribution (Regulation) Act, 2010 with SBI, New Delhi Main Branch in...

Ministry of Commerce & IndustryPosted On: 20 OCT 2020Foreign Direct Investment (FDI) is a major driver of economic growth and an important source of non-debt finance for the economic development of In...

Ministry of Commerce & IndustryPromotion of FDIPosted On: 21 SEP 2020 5:06PM by PIB DelhiGovernment has put in place a liberal and transparent policy for Foreign Direct Investment (FDI), wherein most...

Ministry of Commerce & IndustryShifting of Base to India by MNCsPosted On: 18 SEP 2020Several multinational companies have evinced their interest to shift their base into India across different States...

Ministry of FinancePosted On: 10 SEP 2020Various concerns have been raised during the proceedings of the ongoing hearing in Hon’ble Supreme Court of India, in the matter of Gajendra Sharma Vs. UoI and...

Central Bureau of InvestigationPress ReleaseNew Delhi, 04.09.2020The Central Bureau of Investigation has arrested a Branch Manager, Bank of Baroda, Parola Branch, Jalgaon (Maharashtra) and a private p...

Exports play a crucial role in a developing economy like India which attaches considerable importance to export promotion. As a part of the overall strategy of export promotion measures, the Reserve B...

RBI on August 06, 2020, barred banks from opening current accounts for customers who have availed cash credit or overdraft facilities from any bank. RBI has taken this measure with a view to improve c...

Reserve Bank of IndiaDate: Jul 11, 2020Indian Economy at a Crossroad: A view from Financial Stability Angle (Shaktikanta Das, Governor, Reserve Bank of India – July 11, 2020 – at the 7th SBI Banking &...

Checklist for documents to be submitted at concerned authorities for FDI approvalS.No.Document1.Certificate of Incorporation of the Investee & Investor Companies/Entities*(Investee company may be a pr...

Submission of annual return on FLA through the web-based FLAIR portal for financial year 2019-20 has been started. Entities which are filing FLA return for the first time/ with revised UIN (Unique ide...

Ministry of FinanceGovernment closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting India’s growth story : Finance Minister in a...

The Reserve Bank of India, in view of the Covid pandemic, realised the financial emergency and liquidity crunch in our economy due to lockdown, announced moratorium for all loans for a certain period....

RBI is vigilant and ready to do whatever it takes to tackle the unknown future– RBI governor1. Maximum permissible period of pre and post shipment of credits increased from 1 year to 15 months2. Rs 15...

RBI Governor Shaktikanta Das addressed the media at 10 am today post Finance Minister gave details of the Rs 20 lakh crore economic relief package to help the economy recover from the coronavirus pand...

ICSI made a representation to RBI GOvernor requesting Relaxation from compliance with provisions of Foreign Exchange Management Act, 1999 (FEMA) due to the COVID-19 pandemic. Text of the Same is as fo...

and help put money in the hands of the needy and disadvantagedStates and UTs allowed to borrow more to manage COVID-19Reverse Repo rate reduced from 4.0% to 3.75%Relief provided to NBFCs and Real Esta...

Governor’s Statement, April 17, 2020Today, humanity faces perhaps the trial of its time as COVID-19 grips the world in its deadly embrace. Everywhere, as also in India, the mission is to do whatever i...

Ministry of FinancePrivatisation of CompaniesPosted On: 16 MAR 2020The Government has given ‘in-principle’ approval for Privatisation of 24 CPSEs including Subsidiaries, Units and Joint Ventures with...

CabinetCabinet approves the Foreign Direct Investment policy on Civil AviationPosted On: 04 MAR 2020To permit foreign investment upto 100% by those NRIs, who are Indian Nationals, in case of M/s Air I...