Press Releases - Foreign Exchange Management - RBI - Reserve Bank of India
Foreign Exchange Management Act Announcement
Press Releases
Dec 18, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9176 and the Reference Rate for Euro is `85.2692 on December 18, 2013. The corresponding rates for the previous day (December 17, 2013) were `61.9580 and `85.3345 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 December 17, 2013 December 18, 2013 1 GBP 101.1
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9176 and the Reference Rate for Euro is `85.2692 on December 18, 2013. The corresponding rates for the previous day (December 17, 2013) were `61.9580 and `85.3345 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 December 17, 2013 December 18, 2013 1 GBP 101.1
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Dec 17, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9580 and the Reference Rate for Euro is `85.3345 on December 17, 2013. The corresponding rates for the previous day (December 16, 2013) were `62.1024 and `85.4284 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 December 16, 2013 December 17, 2013 1 GBP 101.2
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9580 and the Reference Rate for Euro is `85.3345 on December 17, 2013. The corresponding rates for the previous day (December 16, 2013) were `62.1024 and `85.4284 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 December 16, 2013 December 17, 2013 1 GBP 101.2
Dec 16, 2013
Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List : HDFC Bank Ltd
The Reserve Bank of India today notified that foreign share holding through Foreign Institutional Investors (FIIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Direct Investment (FDI)/Asset Development Reserve (ADR)/ Global Depository Receipt (GDR) in HDFC Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of share of this bank would be allowed through stock exchanges in India on behalf of
The Reserve Bank of India today notified that foreign share holding through Foreign Institutional Investors (FIIs)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Direct Investment (FDI)/Asset Development Reserve (ADR)/ Global Depository Receipt (GDR) in HDFC Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of share of this bank would be allowed through stock exchanges in India on behalf of
Dec 16, 2013
Data on ECB / FCCB for October 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 October 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1210
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 October 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1210
Dec 16, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1024 and the Reference Rate for Euro is `85.4284 on December 16, 2013. The corresponding rates for the previous day (December 13, 2013) were `62.1266 and `85.4135 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 December 13, 2013 December 16, 2013 1 GBP 101.5
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1024 and the Reference Rate for Euro is `85.4284 on December 16, 2013. The corresponding rates for the previous day (December 13, 2013) were `62.1266 and `85.4135 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 December 13, 2013 December 16, 2013 1 GBP 101.5
Dec 13, 2013
Investment by FIIS- Caution List : M/s Tata Chemicals Limited
The Reserve Bank of India has today notified that the foreign share holdings by Foreign Institutional Investors in M/s Tata Chemicals Limited. has reached the trigger limit. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1202
The Reserve Bank of India has today notified that the foreign share holdings by Foreign Institutional Investors in M/s Tata Chemicals Limited. has reached the trigger limit. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1202
Dec 13, 2013
Investment by FIIs under PIS : M/s. Finkurve Financial Services Limited
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Finkurve Financial Services Limited as under: FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company. Non-Resident Indians(NRIs)/ Persons of Indian Origins (PIOs) through primary market and stock exchanges up to 24 per cent of the pa
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs) can now purchase under the Portfolio Investment Scheme equity shares and convertible debentures of M/s. Finkurve Financial Services Limited as under: FIIs through primary market and stock exchanges up to 100 per cent of the paid up capital of the company. Non-Resident Indians(NRIs)/ Persons of Indian Origins (PIOs) through primary market and stock exchanges up to 24 per cent of the pa
Dec 13, 2013
Investment by FIIs under PIS : M/s Magma Fincorp Limited
The Reserve Bank of India today notified that M/s Magma Fincorp Limited has passed resolutions at the Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investors through primary market and stock exchanges up to 49% of the paid up capital of the company under Protfolio Investment Scheme. Ajit Prasad Assistant General Manager P
The Reserve Bank of India today notified that M/s Magma Fincorp Limited has passed resolutions at the Board of Directors' level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its equity shares and convertible debentures by Foreign Institutional Investors through primary market and stock exchanges up to 49% of the paid up capital of the company under Protfolio Investment Scheme. Ajit Prasad Assistant General Manager P
Dec 13, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1266 and the Reference Rate for Euro is `85.4135 on December 13, 2013. The corresponding rates for the previous day (December 12, 2013) were `61.6200 and `84.9820 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 December 12, 2013 December 13, 2013 1 GBP 100.8
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1266 and the Reference Rate for Euro is `85.4135 on December 13, 2013. The corresponding rates for the previous day (December 12, 2013) were `61.6200 and `84.9820 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 December 12, 2013 December 13, 2013 1 GBP 100.8
Dec 12, 2013
Overseas Direct Investment for November 2013
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of November 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1186
The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of November 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1186
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