News

The Reserve Bank of India (RBI), through a press release, announces new FEMA amendments to ease forex transactions and boost regional trade.

RBI Extends Export Fund Repatriation Period to Three Months; Permits Rupee Loans Abroad

Notifications

New FEMA amendment facilitates cross-border trade through INR lending to neighbouring nations.

FEMA (Borrowing and Lending) Regulations Amended: AD Banks Can Lend INR to Bhutan, Nepal, Sri Lanka

RBI updates FEMA regulations allowing Indian exporters to open and operate foreign currency accounts in IFSCs.

RBI Amends FEMA Regulations: Exporters Can Hold Foreign Currency Accounts in IFSCs

Articles

RBI has announced a phased shift from batch-based CTS to continuous, real-time cheque clearing from October 4, 2025, reducing settlement time to just a few hours.

Evolution of Cheque Clearing Systems in India: From MICR to Continuous Clearing

Press Release

The central bank fined HDB Financial Services for failing to collect PAN or equivalent identification for certain loan accounts.

RBI Imposes Rs. 4.20 Lakh Penalty on HDB Financial Services for KYC Non-Compliance

RBI imposes an Rs. 31.8 lakh penalty on American Express Banking for non-compliance with credit card regulatory directions.

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RBI Extends Export Fund Repatriation Period to Three Months; Permits Rupee Loans Abroad

FEMA (Borrowing and Lending) Regulations Amended: AD Banks Can Lend INR to Bhutan, Nepal, Sri Lanka

RBI Amends FEMA Regulations: Exporters Can Hold Foreign Currency Accounts in IFSCs

Evolution of Cheque Clearing Systems in India: From MICR to Continuous Clearing

RBI Imposes Rs. 4.20 Lakh Penalty on HDB Financial Services for KYC Non-Compliance

RBI Imposes Monetary Penalty on American Express