Powered by InfodriveIndia.com

FEDAI Guidelines for Foreign Exchange.


Established in 1958, FEDAI (Foreign Exchange Dealers' Association of India) is a group of banks that deals in foreign exchange in India as a self regulatory body under the Section 25 of the Indian Company Act (1956).

The role and responsibilities of FEDAI are as follows:

  • Formulations of FEDAI guidelines and FEDAI rules for Forex business.
  • Training of bank personnel in the areas of Foreign Exchange Business.
  • Accreditation of Forex Brokers.
  • Advising/Assisting member banks in settling issues/matters in their dealings.
  • Represent member banks on Government/Reserve Bank of India and other bodies.
  • Rules of FEDAI also include announcement of daily and periodical rates to its member banks.

FEDAI guidelines play an important role in the functioning of the markets and work in close coordination with Reserve Bank of India (RBI), other organizations like Fixed Income Money Market and Derivatives Association  (FIMMDA), the Forex Association of India and various other market participants.

Table of Contents

 



Enquiry Form

Fields marked with an asterisk * are required.

 




What is New?

Date: 22-04-2015
Customs Notification No. 15/2015-Customs (ADD)
Seeks to further amend Notification No 6/2011 - Customs dated 7/2/2011

Date: 22-04-2015
Customs Notification No. 16/2015-Customs (ADD)
Seeks to to extend the validity of Notification No 36/2011- Customs (ADD) dated 18.04.2011 for a further period of one year

Date: 20-04-2015
Customs Circular No 14/2015
Foreign Trade Policy 2015 - 2020 –Salient changes in Schemes of reward or incentive / advance authorization or DFIA / EPCG or post export EPCG

Date: 20-04-2015
Notification No 03/ 2015-2020
Export policy of sugar

Date: 17-04-2015
RBI/2014-15/561 A.P. (DIR Series) Circular No. 95
Foreign Direct Investment (FDI) – Reporting under FDI Scheme on the e-Biz platform

Date: 17-04-2015
Customs Notification No. 27/ 2015
Seeks to further amend Notification No. 12/2012-Customs dated 17th March 2012

Date: 17-04-2015
Central Excise Notification No 22/2015
Seeks to further amend Notification No. 12/2012-Central Excise dated 17th March 2012

Date: 17-04-2015
Customs Notification No. 14/2015-Customs (ADD)
Seeks to extend the validity of notification No 120/2010- Customs (ADD) dated 01.12.2010 for a further period of one year

Date: 16-04-2015
Customs Notification No 39/2015 (NT)
Seeks to amend Notification No. 44/91-Customs dated 30.5.1991

Date: 16-04-2015
Customs Notification No 40/2015 (NT)
Seeks to amend Notification No. 110/2014-Cus(NT) dated 17.11.2014