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সেপ্টেম্বর 04, 2013
RBI clarifies its recently revised Overseas Direct Investment Guidelines
The Reserve Bank of India has today issued certain clarifications with respect to the applicability of the revised guidelines in respect of overseas direct investment notified on August 14, 2013 to facilitate genuine outward investment requirements of the Indian companies. The clarifications/answers to the queries raised by different stakeholders are contained in its AP (Dir) Circular No. 30 dated September 04, 2013. Among others, it has been clarified that in respect
The Reserve Bank of India has today issued certain clarifications with respect to the applicability of the revised guidelines in respect of overseas direct investment notified on August 14, 2013 to facilitate genuine outward investment requirements of the Indian companies. The clarifications/answers to the queries raised by different stakeholders are contained in its AP (Dir) Circular No. 30 dated September 04, 2013. Among others, it has been clarified that in respect
সেপ্টেম্বর 03, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `66.8875 and the Reference Rate for Euro is `88.0950 on September 3, 2013. The corresponding rates for the previous day (September 2, 2013) were `65.8608 and `87.0575 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date September 2, 2013 September 3, 2013 1 GBP 102.5
The Reserve Bank of India’s Reference Rate for the US dollar is `66.8875 and the Reference Rate for Euro is `88.0950 on September 3, 2013. The corresponding rates for the previous day (September 2, 2013) were `65.8608 and `87.0575 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date September 2, 2013 September 3, 2013 1 GBP 102.5
সেপ্টেম্বর 03, 2013
Foreign Exchange Turnover Data
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 05, 2013 to August 09, 2013. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 05-08-2013 2,128 1,117 434 336 166 126 6,166 4,431 428 3,359 1,778 128 06-08-2013 2,400 1,798
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 05, 2013 to August 09, 2013. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchase 05-08-2013 2,128 1,117 434 336 166 126 6,166 4,431 428 3,359 1,778 128 06-08-2013 2,400 1,798
সেপ্টেম্বর 03, 2013
Data on ECB / FCCB for July 2013
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/473
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB) and Foreign Currency Convertible Bonds (FCCB), both through Automatic Route and Approval Route, for the month of July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/473
সেপ্টেম্বর 02, 2013
Investment by Foreign Institutional Investors (FIIs) under PIS: M/s.Kotak Mahindra Bank Limited
The Reserve Bank of India today notified that M/s. Kotak Mahindra Bank Limited has passed resolutions at its Board of Directors' Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by Foreign institutional Investors (FIIs) up to 37% of their paid-up capital through primary/secondary markets in India. Reserve Bank's approval to the Kotak Mahindra Bank Ltd. for raising FII investment limit to 37% is subject to the condit
The Reserve Bank of India today notified that M/s. Kotak Mahindra Bank Limited has passed resolutions at its Board of Directors' Meeting and a resolution in its Annual General Meeting agreeing for the purchase of its equity shares by Foreign institutional Investors (FIIs) up to 37% of their paid-up capital through primary/secondary markets in India. Reserve Bank's approval to the Kotak Mahindra Bank Ltd. for raising FII investment limit to 37% is subject to the condit
সেপ্টেম্বর 02, 2013
Investment by Foreign Institutional Investors (FIIs) under PIS: M/s Tech Mahindra Limited
The Reserve Bank of India today notified that M/s. Tech Mahindra Limited has passed resolutions at the Board of Directors' level and a special resolution by the shareholders, agreeing to enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges up to 35% of the paid up capital of the company under Portfolio Investment Scheme. Ajit Prasad Assistant General M
The Reserve Bank of India today notified that M/s. Tech Mahindra Limited has passed resolutions at the Board of Directors' level and a special resolution by the shareholders, agreeing to enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges up to 35% of the paid up capital of the company under Portfolio Investment Scheme. Ajit Prasad Assistant General M
সেপ্টেম্বর 02, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `65.8608 and the Reference Rate for Euro is `87.0575 on September 2, 2013. The corresponding rates for the previous day (August 30, 2013) were `66.5742 and ` 88.1605 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 30, 2013 September 2, 2013 1 GBP 103.3431
The Reserve Bank of India’s Reference Rate for the US dollar is `65.8608 and the Reference Rate for Euro is `87.0575 on September 2, 2013. The corresponding rates for the previous day (August 30, 2013) were `66.5742 and ` 88.1605 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 30, 2013 September 2, 2013 1 GBP 103.3431
আগস্ট 30, 2013
Investment by FIIs under PIS - Removal from the Caution List : M/s Cosmo Films Limited
The Reserve Bank of India has today notified that the foreign share holdings by Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) in M/s Cosmo Films Limited have gone below the threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company is withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/455
The Reserve Bank of India has today notified that the foreign share holdings by Non Resident Indians (NRIs)/Persons of Indian Origin (PIOs) in M/s Cosmo Films Limited have gone below the threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company is withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/455
আগস্ট 30, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 66.5742 and the Reference Rate for Euro is ` 88.1605 on August 30, 2013. The corresponding rates for the previous day (August 29, 2013) were ` 67.7060 and ` 90.0295 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 29, 2013 August 30, 2013 1 GBP 105.1406
The Reserve Bank of India’s Reference Rate for the US dollar is ` 66.5742 and the Reference Rate for Euro is ` 88.1605 on August 30, 2013. The corresponding rates for the previous day (August 29, 2013) were ` 67.7060 and ` 90.0295 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 29, 2013 August 30, 2013 1 GBP 105.1406
আগস্ট 29, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `67.7060 and the Reference Rate for Euro is `90.0295 on August 29, 2013. The corresponding rates for the previous day (August 28, 2013) were `68.3611 and `91.4682 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 28, 2013 August 29, 2013 1 GBP 106.0281 105.
The Reserve Bank of India’s Reference Rate for the US dollar is `67.7060 and the Reference Rate for Euro is `90.0295 on August 29, 2013. The corresponding rates for the previous day (August 28, 2013) were `68.3611 and `91.4682 respectively. Based on the Reference Rate for the US dollar and the middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Currency Date August 28, 2013 August 29, 2013 1 GBP 106.0281 105.

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