Business - Briefly   

RBI holds interface session on FEMA

CHENNAI: The Reserve Bank of India (RBI), in association with Foreign Exchange Dealers' Association of India (FEDAI), organised an event ‘Foreign exchange for you' in Chennai on June 18 and 19. It was an exhibition-cum-interface session on Foreign Exchange Management Act (FEMA), 1999. The objective was to familiarise the public with the rules and regulations under FEMA governing the current and capital account transactions, remittance and exchange facilities and to seek feedback on policies and procedures related to forex transactions, says a release from the RBI.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Sensex tumbles 364 points to 17507
Shyamala Gopinath retires
Govt bid to soothe investors on Mauritius tax treaty
Citigroup posts 78 % rise in profit in India
Top-level changes at Ajuba
Magma Fincorp to expand operations
Pranab to unveil new norms for accrual accounting system
Shriram Transport Finance to raise Rs.1,000 crore
Exchange Rates
Bullion Rates
Caparo Energy gets mezzanine finance
DARE, DHL host SME mentoring clinic
Sundaram Info offers new financial solution
New MD for StanChart Private Bank, India
RBI holds interface session on FEMA
WinWinD, Suryachakra to develop wind farm

Copyright © 2011, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu