Press Releases - Foreign Exchange Management - આરબીઆઈ - Reserve Bank of India
Foreign Exchange Management Act Announcement
પ્રેસ રિલીઝ
ઑક્ટો 05, 2015
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 September 21, 2015 to September 24, 2015. 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 21/9/2015 2,898 672 792 258 267 260 7,902 4,994 454 3,147 2,023 143 22/9/2015 2,266 810
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 21, 2015 to September 24, 2015. 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 21/9/2015 2,898 672 792 258 267 260 7,902 4,994 454 3,147 2,023 143 22/9/2015 2,266 810
પીડીએફ (
ઑક્ટો 05, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2905 on October 05, 2015. The corresponding rate for the previous day (October 01, 2015) was ₹ 65.5540. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 01, 2015 October 05, 2015 1 EUR 73.0796 73.3931 1 GBP 99.1701 99.3134 100 YEN 54.54 54.39 Note : The SDR-Ru
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.2905 on October 05, 2015. The corresponding rate for the previous day (October 01, 2015) was ₹ 65.5540. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date October 01, 2015 October 05, 2015 1 EUR 73.0796 73.3931 1 GBP 99.1701 99.3134 100 YEN 54.54 54.39 Note : The SDR-Ru
ઑક્ટો 01, 2015
Monitoring of Foreign Investment under PIS in Indian Companies - Incorporation in Ban List - FIIs/RFPIs : M/s Prestige Estate Projects Ltd
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Prestige Estate Projects Ltd. has crossed the limit of 24 per cent of its paid up capital. Therefore, no further purchase of shares of this company would be allowed through stock exchanges in India on behalf of FII/RFPIs. Sangeeta Das Director Press Release : 2015-2016/809
The Reserve Bank of India has today notified that the foreign shareholding through Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) in M/s Prestige Estate Projects Ltd. has crossed the limit of 24 per cent of its paid up capital. Therefore, no further purchase of shares of this company would be allowed through stock exchanges in India on behalf of FII/RFPIs. Sangeeta Das Director Press Release : 2015-2016/809
ઑક્ટો 01, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.5540 on October 01, 2015. The corresponding rate for the previous day (September 30, 2015) was ₹ 65.7418. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 30, 2015 October 01, 2015 1 EUR 73.7952 73.0796 1 GBP 99.5331 99.1701 100 YEN 54.80 54.54 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.5540 on October 01, 2015. The corresponding rate for the previous day (September 30, 2015) was ₹ 65.7418. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 30, 2015 October 01, 2015 1 EUR 73.7952 73.0796 1 GBP 99.5331 99.1701 100 YEN 54.80 54.54 Note : The SD
સપ્ટે 30, 2015
India’s International Investment Position (IIP), June 2015
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
International Investment Position (IIP) is a statistical statement that shows, at a point in time, the value and the composition of (a) financial assets of residents of an economy that are claims on non-residents, and gold bullion held as reserve assets; and (b) liabilities of residents of an economy to non-residents. The difference between an economy's external financial assets and liabilities is its net IIP, which may be positive or negative. Such balance sheet anal
સપ્ટે 30, 2015
India’s External Debt as at the end of June 2015
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2015 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
As per the standard practice, India's external debt statistics for the quarters ending March and June are released by the Reserve Bank of India with a lag of one quarter and those for the quarters ending September and December by the Ministry of Finance, Government of India. The external debt data as at end-June 2015 in rupees and US dollars as well as revised data for earlier quarters are set out in Statements 1 and 2, respectively. The major developments relating to
સપ્ટે 30, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7418 on September 30, 2015. The corresponding rate for the previous day (September 29, 2015) was ₹ 66.1843. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 29, 2015 September 30, 2015 1 EUR 74.6096 73.7952 1 GBP 100.4611 99.5331 100 YEN 55.42 54.80 Note : T
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7418 on September 30, 2015. The corresponding rate for the previous day (September 29, 2015) was ₹ 66.1843. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 29, 2015 September 30, 2015 1 EUR 74.6096 73.7952 1 GBP 100.4611 99.5331 100 YEN 55.42 54.80 Note : T
સપ્ટે 29, 2015
FIIs/RFPIs can now invest up to 49 per cent under PIS in M/s Eveready Industries India Ltd
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s Eveready Industries India Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of M/s Eveready Industries India Ltd. under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase
સપ્ટે 29, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1843 on September 29, 2015. The corresponding rate for the previous day (September 28, 2015) was ₹ 66.0805. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 28, 2015 September 29, 2015 1 EUR 73.8119 74.6096 1 GBP 100.3168 100.4611 100 YEN 54.92 55.42 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1843 on September 29, 2015. The corresponding rate for the previous day (September 28, 2015) was ₹ 66.0805. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 28, 2015 September 29, 2015 1 EUR 73.8119 74.6096 1 GBP 100.3168 100.4611 100 YEN 54.92 55.42 Note :
સપ્ટે 28, 2015
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 September 14, 2015 to September 18, 2015. 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 14-09-2015 2,642 800 805 237 136 121 6,945 4,700 184 2,611 1,500 54 15-09-2015 2,252 1,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 14, 2015 to September 18, 2015. 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 14-09-2015 2,642 800 805 237 136 121 6,945 4,700 184 2,611 1,500 54 15-09-2015 2,252 1,
સપ્ટે 28, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0805 on September 28, 2015. The corresponding rate for the previous day (September 24, 2015) was ₹ 66.0993. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 24, 2015 September 28, 2015 1 EUR 73.9585 73.8119 1 GBP 100.8874 100.3168 100 YEN 55.08 54.92 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0805 on September 28, 2015. The corresponding rate for the previous day (September 24, 2015) was ₹ 66.0993. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 24, 2015 September 28, 2015 1 EUR 73.9585 73.8119 1 GBP 100.8874 100.3168 100 YEN 55.08 54.92 Note :
સપ્ટે 24, 2015
Regularisation of Assets held Abroad by Person Resident in India under FEMA, 1999
In connection with the declarations made by persons resident in India under the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act), it is clarified that: No proceedings shall lie under the Foreign Exchange Management Act, 1999 (FEMA) against the declarant with respect to an asset held abroad for which taxes and penalties under the provisions of Black Money Act have been paid. No permission under FEMA
In connection with the declarations made by persons resident in India under the provisions of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (Black Money Act), it is clarified that: No proceedings shall lie under the Foreign Exchange Management Act, 1999 (FEMA) against the declarant with respect to an asset held abroad for which taxes and penalties under the provisions of Black Money Act have been paid. No permission under FEMA
સપ્ટે 24, 2015
RBI releases data on ECB / FCCB for August 2015
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 August 2015. Ajit Prasad Assistant General Manager Press Release : 2015-2016/753
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 August 2015. Ajit Prasad Assistant General Manager Press Release : 2015-2016/753
સપ્ટે 24, 2015
FIIs/RFPIs can now invest up to 30 per cent under PIS in M/s Supreme Industries Limited - Removal from the Caution List - FIIs/RFPIs
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 30 per cent (revised from default 24 per cent) of the paid up capital of M/s Supreme Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Supreme Industries Limited have gone below the revised threshold limit. Hence, th
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 30 per cent (revised from default 24 per cent) of the paid up capital of M/s Supreme Industries Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Supreme Industries Limited have gone below the revised threshold limit. Hence, th
સપ્ટે 24, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0993 on September 24, 2015. The corresponding rate for the previous day (September 23, 2015) was ₹ 65.9696. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 23, 2015 September 24, 2015 1 EUR 73.3780 73.9585 1 GBP 101.1908 100.8874 100 YEN 54.92 55.08 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0993 on September 24, 2015. The corresponding rate for the previous day (September 23, 2015) was ₹ 65.9696. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 23, 2015 September 24, 2015 1 EUR 73.3780 73.9585 1 GBP 101.1908 100.8874 100 YEN 54.92 55.08 Note :
સપ્ટે 23, 2015
RBI seeks Feedback on Draft Framework on ECBs
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the draft framework on External Commercial Borrowings (ECBs). Comments/ feedback on the draft framework may be e-mailed to or sent by post to the Principal Chief General Manager, Foreign Exchange Department, Reserve Bank of India, Central Office, 11th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001 on or before October 11, 2015. Background The basic objective of the extant External
The Reserve Bank of India (RBI) has today placed on its website for comments/feedback, the draft framework on External Commercial Borrowings (ECBs). Comments/ feedback on the draft framework may be e-mailed to or sent by post to the Principal Chief General Manager, Foreign Exchange Department, Reserve Bank of India, Central Office, 11th Floor, Shahid Bhagat Singh Marg, Mumbai-400 001 on or before October 11, 2015. Background The basic objective of the extant External
સપ્ટે 23, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9696 on September 23, 2015. The corresponding rate for the previous day (September 22, 2015) was ₹ 65.6250. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 22, 2015 September 23, 2015 1 EUR 73.2638 73.3780 1 GBP 101.7319 101.1908 100 YEN 54.50 54.92 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9696 on September 23, 2015. The corresponding rate for the previous day (September 22, 2015) was ₹ 65.6250. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 22, 2015 September 23, 2015 1 EUR 73.2638 73.3780 1 GBP 101.7319 101.1908 100 YEN 54.50 54.92 Note :
સપ્ટે 22, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.6250 on September 22, 2015. The corresponding rate for the previous day (September 21, 2015) was ₹ 65.7531. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 21, 2015 September 22, 2015 1 EUR 74.3799 73.2638 1 GBP 102.1672 101.7319 100 YEN 54.83 54.50 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.6250 on September 22, 2015. The corresponding rate for the previous day (September 21, 2015) was ₹ 65.7531. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 21, 2015 September 22, 2015 1 EUR 74.3799 73.2638 1 GBP 102.1672 101.7319 100 YEN 54.83 54.50 Note :
સપ્ટે 21, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7531 on September 21, 2015. The corresponding rate for the previous day (September 18, 2015) was ₹ 65.9255. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 18, 2015 September 21, 2015 1 EUR 75.1287 74.3799 1 GBP 102.7515 102.1672 100 YEN 55.01 54.83 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.7531 on September 21, 2015. The corresponding rate for the previous day (September 18, 2015) was ₹ 65.9255. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 18, 2015 September 21, 2015 1 EUR 75.1287 74.3799 1 GBP 102.7515 102.1672 100 YEN 55.01 54.83 Note :
સપ્ટે 18, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9255 on September 18, 2015. The corresponding rate for the previous day (September 16, 2015) was ₹ 66.5000. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 16, 2015 September 18, 2015 1 EUR 75.0253 75.1287 1 GBP 101.9977 102.7515 100 YEN 55.34 55.01 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 65.9255 on September 18, 2015. The corresponding rate for the previous day (September 16, 2015) was ₹ 66.5000. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 16, 2015 September 18, 2015 1 EUR 75.0253 75.1287 1 GBP 101.9977 102.7515 100 YEN 55.34 55.01 Note :
સપ્ટે 18, 2015
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 September 07, 2015 to September 11, 2015. 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 07-09-2015 1,222 490 849 165 491 421 8,078 2,207 356 3,248 668 37 08-09-2015 1,999 653
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period September 07, 2015 to September 11, 2015. 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 07-09-2015 1,222 490 849 165 491 421 8,078 2,207 356 3,248 668 37 08-09-2015 1,999 653
સપ્ટે 16, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5000 on September 16, 2015. The corresponding rate for the previous day (September 15, 2015) was ₹ 66.4383. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 15, 2015 September 16, 2015 1 EUR 75.0487 75.0253 1 GBP 102.4080 101.9977 100 YEN 55.55 55.34 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5000 on September 16, 2015. The corresponding rate for the previous day (September 15, 2015) was ₹ 66.4383. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 15, 2015 September 16, 2015 1 EUR 75.0487 75.0253 1 GBP 102.4080 101.9977 100 YEN 55.55 55.34 Note :
સપ્ટે 15, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4383 on September 15, 2015. The corresponding rate for the previous day (September 14, 2015) was ₹ 66.3708. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 14, 2015 September 15, 2015 1 EUR 75.3242 75.0487 1 GBP 102.5429 102.4080 100 YEN 55.18 55.55 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4383 on September 15, 2015. The corresponding rate for the previous day (September 14, 2015) was ₹ 66.3708. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 14, 2015 September 15, 2015 1 EUR 75.3242 75.0487 1 GBP 102.5429 102.4080 100 YEN 55.18 55.55 Note :
સપ્ટે 14, 2015
FIIs/RFPIs/QFIs can now invest up to 40 per cent under PIS in M/s Maruti Suzuki India Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs)/Qualified Foreign Investors (QFIs) can now invest up to 40 per cent of the paid up capital of M/s Maruti Suzuki India Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Maruti Suzuki India Limited have gone below the revised threshold limit. Hence,
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs)/Qualified Foreign Investors (QFIs) can now invest up to 40 per cent of the paid up capital of M/s Maruti Suzuki India Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank further advised that the foreign shareholding by FIIs/RFPIs in M/s Maruti Suzuki India Limited have gone below the revised threshold limit. Hence,
સપ્ટે 14, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3708 on September 14, 2015. The corresponding rate for the previous day (September 11, 2015) was ₹ 66.3866. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 11, 2015 September 14, 2015 1 EUR 74.8974 75.3242 1 GBP 102.5939 102.5429 100 YEN 55.00 55.18 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3708 on September 14, 2015. The corresponding rate for the previous day (September 11, 2015) was ₹ 66.3866. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 11, 2015 September 14, 2015 1 EUR 74.8974 75.3242 1 GBP 102.5939 102.5429 100 YEN 55.00 55.18 Note :
સપ્ટે 11, 2015
Overseas Direct Investment for August 2015
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 August 2015. Ajit Prasad Assistant General Manager Press Release: 2015-2016/656
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 August 2015. Ajit Prasad Assistant General Manager Press Release: 2015-2016/656
સપ્ટે 11, 2015
Sources of Variation in Foreign Exchange Reserves in India during April-June 2015
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for April-June 2015 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2015 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-June 2015 The sources of variation underlying the increase in the foreign exchange reserves during April-June 2015 are set out in Table 1. Table 1: Sources
Earlier today, the Reserve Bank of India released balance of payments (BoP) data for April-June 2015 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2015 have been compiled. Sources of Variation in Foreign Exchange Reserves: April-June 2015 The sources of variation underlying the increase in the foreign exchange reserves during April-June 2015 are set out in Table 1. Table 1: Sources
સપ્ટે 11, 2015
Developments in India’s Balance of Payments during the First Quarter (April-June) of 2015-16
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June 2015-16 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q1 of 2015-16 India’s current account deficit (CAD) narrowed to US$ 6.2 billion (1.2 per cent of GDP) in Q1 of 2015-16 from US$ 7.8 billion (1.6 per cent of GDP) a year ago. This improvement was mainly on account of the merchandise trade deficit (US$ 34.2 billion during
Preliminary data on India’s balance of payments (BoP) for the first quarter (Q1) i.e., April-June 2015-16 are presented in Statements I (BPM6 format) and II (old format). Key Features of India’s BoP in Q1 of 2015-16 India’s current account deficit (CAD) narrowed to US$ 6.2 billion (1.2 per cent of GDP) in Q1 of 2015-16 from US$ 7.8 billion (1.6 per cent of GDP) a year ago. This improvement was mainly on account of the merchandise trade deficit (US$ 34.2 billion during
સપ્ટે 11, 2015
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 31, 2015 to September 04, 2015. All Figures are in USD Millions PositionDate 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 31-8-2015 3,198 1,667 3,317 357 445 356 9,585 6,991 730 2,921 1,903 63 01-9-2015 2,974 772
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 31, 2015 to September 04, 2015. All Figures are in USD Millions PositionDate 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 31-8-2015 3,198 1,667 3,317 357 445 356 9,585 6,991 730 2,921 1,903 63 01-9-2015 2,974 772
સપ્ટે 11, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3866 on September 11, 2015. The corresponding rate for the previous day (September 10, 2015) was ₹ 66.5840. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 10, 2015 September 11, 2015 1 EUR 74.7139 74.8974 1 GBP 102.2930 102.5939 100 YEN 55.14 55.00 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3866 on September 11, 2015. The corresponding rate for the previous day (September 10, 2015) was ₹ 66.5840. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 10, 2015 September 11, 2015 1 EUR 74.7139 74.8974 1 GBP 102.2930 102.5939 100 YEN 55.14 55.00 Note :
સપ્ટે 10, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5840 on September 10, 2015. The corresponding rate for the previous day (September 09, 2015) was ₹ 66.2945. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 09, 2015 September 10, 2015 1 EUR 73.9847 74.7139 1 GBP 101.8880 102.2930 100 YEN 55.07 55.14 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.5840 on September 10, 2015. The corresponding rate for the previous day (September 09, 2015) was ₹ 66.2945. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 09, 2015 September 10, 2015 1 EUR 73.9847 74.7139 1 GBP 101.8880 102.2930 100 YEN 55.07 55.14 Note :
સપ્ટે 09, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2945 on September 09, 2015. The corresponding rate for the previous day (September 08, 2015) was ₹ 66.6060. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 08, 2015 September 09, 2015 1 EUR 74.6054 73.9847 1 GBP 102.3002 101.8880 100 YEN 55.60 55.07 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2945 on September 09, 2015. The corresponding rate for the previous day (September 08, 2015) was ₹ 66.6060. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 08, 2015 September 09, 2015 1 EUR 74.6054 73.9847 1 GBP 102.3002 101.8880 100 YEN 55.60 55.07 Note :
સપ્ટે 08, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6060 on September 08, 2015. The corresponding rate for the previous day (September 07, 2015) was ₹ 66.7445. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 07, 2015 September 08, 2015 1 EUR 74.2733 74.6054 1 GBP 101.3649 102.3002 100 YEN 55.93 55.60 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.6060 on September 08, 2015. The corresponding rate for the previous day (September 07, 2015) was ₹ 66.7445. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 07, 2015 September 08, 2015 1 EUR 74.2733 74.6054 1 GBP 101.3649 102.3002 100 YEN 55.93 55.60 Note :
સપ્ટે 07, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7445 on September 07, 2015. The corresponding rate for the previous day (September 04, 2015) was ₹ 66.4003. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 04, 2015 September 07, 2015 1 EUR 73.8903 74.2733 1 GBP 101.1941 101.3649 100 YEN 55.57 55.93 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.7445 on September 07, 2015. The corresponding rate for the previous day (September 04, 2015) was ₹ 66.4003. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 04, 2015 September 07, 2015 1 EUR 73.8903 74.2733 1 GBP 101.1941 101.3649 100 YEN 55.57 55.93 Note :
સપ્ટે 04, 2015
Monitoring of Foreign Investment under the PIS in Indian Companies - Removal from the caution list - GDR/ADR/FDI/NRI/PIO/FII/RFPIs: M/s Induslnd Bank Ltd
The Reserve Bank of India has today notified that the aggregate share holdings in M/s Induslnd Bank Limited by Non-Resident Indians (NRI) /Persons of Indian Origin (PIO)/Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs) and through Global Depository Receipts (GDR)/American Depository Receipts (ADR)/Foreign Direct Investment (FDI) in the primary/secondary markets have gone below the prescribed threshold limit stipulated under the ext
The Reserve Bank of India has today notified that the aggregate share holdings in M/s Induslnd Bank Limited by Non-Resident Indians (NRI) /Persons of Indian Origin (PIO)/Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPIs) and through Global Depository Receipts (GDR)/American Depository Receipts (ADR)/Foreign Direct Investment (FDI) in the primary/secondary markets have gone below the prescribed threshold limit stipulated under the ext
સપ્ટે 04, 2015
FIIs/RFPIs can now invest up to 31.50 per cent under PIS in M/s Natco Pharma Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 31.50 per cent of the paid up capital of M/s Natco Pharma Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 31.50 per cent of the paid up capital of M/s Natco Pharma Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its
સપ્ટે 04, 2015
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 24, 2015 to August 28, 2015. 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 24-8-2015 2,807 1,703 670 646 802 515 10,531 6,128 1,612 5,517 1,857 515 25-8-2015 2,703 1,90
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 24, 2015 to August 28, 2015. 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 24-8-2015 2,807 1,703 670 646 802 515 10,531 6,128 1,612 5,517 1,857 515 25-8-2015 2,703 1,90
સપ્ટે 04, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4003 on September 04, 2015. The corresponding rate for the previous day (September 03, 2015) was ₹ 66.2280. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 03, 2015 September 04, 2015 1 EUR 74.3343 73.8903 1 GBP 101.2229 101.1941 100 YEN 54.98 55.57 Note: T
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.4003 on September 04, 2015. The corresponding rate for the previous day (September 03, 2015) was ₹ 66.2280. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 03, 2015 September 04, 2015 1 EUR 74.3343 73.8903 1 GBP 101.2229 101.1941 100 YEN 54.98 55.57 Note: T
સપ્ટે 03, 2015
FIIs/RFPIs can now invest up to 40 per cent under PIS in M/s Ashok Leyland Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent of the paid up capital of M/s Ashok Leyland Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its e
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent of the paid up capital of M/s Ashok Leyland Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for enhancing the limit for the purchase of its e
સપ્ટે 03, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2280 on September 03, 2015. The corresponding rate for the previous day (September 02, 2015) was ₹ 66.1638. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 02, 2015 September 03, 2015 1 EUR 74.6063 74.3343 1 GBP 101.2174 101.2229 100 YEN 55.09 54.98 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2280 on September 03, 2015. The corresponding rate for the previous day (September 02, 2015) was ₹ 66.1638. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 02, 2015 September 03, 2015 1 EUR 74.6063 74.3343 1 GBP 101.2174 101.2229 100 YEN 55.09 54.98 Note :
સપ્ટે 02, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1638 on September 02, 2015. The corresponding rate for the previous day (September 01, 2015) was ₹ 66.2603. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 01, 2015 September 02, 2015 1 EUR 74.7880 74.6063 1 GBP 101.9945 101.2174 100 YEN 55.05 55.09 Note :
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.1638 on September 02, 2015. The corresponding rate for the previous day (September 01, 2015) was ₹ 66.2603. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date September 01, 2015 September 02, 2015 1 EUR 74.7880 74.6063 1 GBP 101.9945 101.2174 100 YEN 55.05 55.09 Note :
સપ્ટે 01, 2015
FIIs/RFPIs can now invest up to 50 per cent under PIS in M/s Info Edge (India) Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 50 per cent (revised from earlier limit of 40 per cent) of the paid up capital of M/s Info Edge (India) Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing f
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 50 per cent (revised from earlier limit of 40 per cent) of the paid up capital of M/s Info Edge (India) Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing f
સપ્ટે 01, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2603 on September 01, 2015. The corresponding rate for the previous day (August 31, 2015) was ₹ 66.3062. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 31, 2015 September 01, 2015 1 EUR 74.4950 74.7880 1 GBP 102.3105 101.9945 100 YEN 54.75 55.05 Note : The SD
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.2603 on September 01, 2015. The corresponding rate for the previous day (August 31, 2015) was ₹ 66.3062. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 31, 2015 September 01, 2015 1 EUR 74.4950 74.7880 1 GBP 102.3105 101.9945 100 YEN 54.75 55.05 Note : The SD
ઑગસ્ટ 31, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3062 on August 31, 2015. The corresponding rate for the previous day (August 28, 2015) was ₹ 66.0808. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 28, 2015 August 31, 2015 1 EUR 74.3673 74.4950 1 GBP 101.9230 102.3105 100 YEN 54.54 54.75 Note : The SDR-Rupe
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.3062 on August 31, 2015. The corresponding rate for the previous day (August 28, 2015) was ₹ 66.0808. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 28, 2015 August 31, 2015 1 EUR 74.3673 74.4950 1 GBP 101.9230 102.3105 100 YEN 54.54 54.75 Note : The SDR-Rupe
ઑગસ્ટ 28, 2015
RBI releases data on ECB / FCCB for July 2015
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 2015. Sangeeta Das Director Press Release : 2015-2016/532
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 2015. Sangeeta Das Director Press Release : 2015-2016/532
ઑગસ્ટ 28, 2015
FIIs/RFPIs can now invest up to 40 per cent under PIS in M/s Godrej Consumer Products Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent (revised from earlier 35 per cent) of the paid up capital of M/s Godrej Consumer Products Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest up to 40 per cent (revised from earlier 35 per cent) of the paid up capital of M/s Godrej Consumer Products Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that the company has passed resolutions at its Board of Directors’ level and a special resolution by the shareholders, agreeing for
ઑગસ્ટ 28, 2015
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 17, 2015 to August 21, 2015. 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 17-8-2015 1,872 896 433 323 245 269 5,309 3,970 733 2,574 1,298 108 19-8-2015 2,904 950 394 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period August 17, 2015 to August 21, 2015. 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 17-8-2015 1,872 896 433 323 245 269 5,309 3,970 733 2,574 1,298 108 19-8-2015 2,904 950 394 2
ઑગસ્ટ 28, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0808 on August 28, 2015. The corresponding rate for the previous day (August 27, 2015) was ₹ 66.0605. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 27, 2015 August 28, 2015 1 EUR 74.9655 74.3673 1 GBP 102.3475 101.9230 100 YEN 55.08 54.54 Note : The SDR-Rupe
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0808 on August 28, 2015. The corresponding rate for the previous day (August 27, 2015) was ₹ 66.0605. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 27, 2015 August 28, 2015 1 EUR 74.9655 74.3673 1 GBP 102.3475 101.9230 100 YEN 55.08 54.54 Note : The SDR-Rupe
ઑગસ્ટ 27, 2015
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0605 on August 27, 2015. The corresponding rate for the previous day (August 26, 2015) was ₹ 66.1610. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 26, 2015 August 27, 2015 1 EUR 75.8867 74.9655 1 GBP 103.8794 102.3475 100 YEN 55.28 55.08 Note : The SDR-Rupe
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 66.0605 on August 27, 2015. The corresponding rate for the previous day (August 26, 2015) was ₹ 66.1610. Based on the reference rate for the US Dollar and the middle rates of the cross-currency quotes, the exchange rate of EUR, GBP and JPY against the Rupee are given below: Currency Date August 26, 2015 August 27, 2015 1 EUR 75.8867 74.9655 1 GBP 103.8794 102.3475 100 YEN 55.28 55.08 Note : The SDR-Rupe
ઑગસ્ટ 26, 2015
Monitoring Foreign Investment under PIS in Indian Companies : M/s Hathway Cable & Datacom Limited removed from Ban List
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now purchase shares of M/s Hathway Cable & Datacom Limited. The investments can go up to 74 per cent (revised from earlier limit of 49 per cent stipulated under Foreign Direct Investment policy) of the company’s paid up capital through GDR/ADR/FDI under the Portfolio Investment Scheme (PIS) in primary market and stock exchanges.
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now purchase shares of M/s Hathway Cable & Datacom Limited. The investments can go up to 74 per cent (revised from earlier limit of 49 per cent stipulated under Foreign Direct Investment policy) of the company’s paid up capital through GDR/ADR/FDI under the Portfolio Investment Scheme (PIS) in primary market and stock exchanges.
રિઝર્વ બેંક ઑફ ઇન્ડિયા મોબાઇલ એપ્લિકેશન ઇન્સ્ટૉલ કરો અને લેટેસ્ટ ન્યૂઝનો ઝડપી ઍક્સેસ મેળવો!
પેજની છેલ્લી અપડેટની તારીખ: જુલાઈ 15, 2024
