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Tag: Fema / RBI

Finance

RBI – New vistas for deposit insurance in India (DICGC)

Based on the illustrious keynote address given by Mr. Michael Debabrata Patra, Deputy Governor, Reserve Bank of India – June 14, 2024 – at...

Finance

Procedure For LEI (Legal Entity Identifier) Code Renewal

Introduction Transparency and accountability are critical in the current global financial market. LEI (legal entity identification ) code is a unique identification established to enable...

Finance

Foreign Exchange Management (Overseas Investment) Directions, 2022 – Investments in Overseas Funds

Reserve Bank of India (RBI) issued A.P. (DIR Series) Circular No. 09 on June 07, 2024, addressing Category-I Authorised Dealer Banks regarding amendments to...

Finance

RBI Circular: Instructions on Money Changing Activities

The Reserve Bank of India (RBI) issued Circular No. RBI/2024-25/39 A.P. (DIR Series) Circular No. 08 on May 27, 2024, directed to all Authorized...

Finance

FAQs on Indian Currency- Your Guide to Money Matters

Indian Currency (Updated as on May 17, 2024) A) Basics of Indian Currency/Currency Management 1. What is the Indian currency called and what is its symbol? The Indian...

Finance

RBI Issues New Margin Directions for Derivative Contracts

The Reserve Bank of India (RBI) issued Circular No. 05 and A. P. (DIR Series) Circular No.06 on May 08, 2024, pertaining to...

Finance

Master Direction RBI (Margining for Non-Centrally Cleared OTC Derivatives) Directions, 2024

Reserve Bank of India has issued new Master Directions regarding margining for non-centrally cleared over-the-counter (OTC) derivatives. These directions are designed to govern the...

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