Press Releases - Foreign Exchange Management - ਆਰਬੀਆਈ - Reserve Bank of India
ਪ੍ਰੈਸ ਰਿਲੀਜ਼
ਅਗ 23, 2013
Investment by FIIs under PIS : M/s Mahindra Lifespace Developers Limited
The Reserve Bank of India today notified that M/s Mahindra Lifespace Developers Limited (earlier known as Mahindra Gesco Developers Limited) has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 49 per cent of i
The Reserve Bank of India today notified that M/s Mahindra Lifespace Developers Limited (earlier known as Mahindra Gesco Developers Limited) has passed resolutions at the board of directors' level and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs), through primary market and stock exchanges, under the Portfolio Investment Scheme up to 49 per cent of i
ਅਗ 23, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `64.6880 and the Reference Rate for Euro is `86.3035 on August 23, 2013. The corresponding rates for the previous day (August 22, 2013) were `65.4207 and `87.3176 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 22, 2013 August 23, 2013 1 GBP 102.0955 100.
The Reserve Bank of India’s Reference Rate for the US dollar is `64.6880 and the Reference Rate for Euro is `86.3035 on August 23, 2013. The corresponding rates for the previous day (August 22, 2013) were `65.4207 and `87.3176 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 22, 2013 August 23, 2013 1 GBP 102.0955 100.
ਅਗ 22, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `65.4207 and the Reference Rate for Euro is `87.3176 on August 22, 2013. The corresponding rates for the previous day (August 21, 2013) were `63.4605 and `85.1205 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 21, 2013 August 22, 2013 1 GBP 99.4172 102.0
The Reserve Bank of India’s Reference Rate for the US dollar is `65.4207 and the Reference Rate for Euro is `87.3176 on August 22, 2013. The corresponding rates for the previous day (August 21, 2013) were `63.4605 and `85.1205 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 21, 2013 August 22, 2013 1 GBP 99.4172 102.0
ਅਗ 21, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 63.4605 and the Reference Rate for Euro is ` 85.1205 on August 21, 2013. The corresponding rates for the previous day (August 20, 2013) were ` 63.7335 and ` 85.0698 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 20, 2013 August 21, 2013 1 GBP 99.7875 9
The Reserve Bank of India’s Reference Rate for the US dollar is ` 63.4605 and the Reference Rate for Euro is ` 85.1205 on August 21, 2013. The corresponding rates for the previous day (August 20, 2013) were ` 63.7335 and ` 85.0698 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 20, 2013 August 21, 2013 1 GBP 99.7875 9
ਅਗ 20, 2013
Investment by FIIs under PIS - Incorporation in Ban List : M/s Federal Bank Ltd
The Reserve Bank of India today notified that foreign share holding by Foreign Institutional Investors (FIIs)/ Non Resident Indian (NRI)/ Persons of Indian Origin (PIO)/ Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipt (GDR) in M/s Federal Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of shares of this bank would be allowed through stock exchanges in India on be
The Reserve Bank of India today notified that foreign share holding by Foreign Institutional Investors (FIIs)/ Non Resident Indian (NRI)/ Persons of Indian Origin (PIO)/ Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipt (GDR) in M/s Federal Bank Ltd. has crossed the overall limit of 49 per cent of its paid-up capital. Therefore, no further purchases of shares of this bank would be allowed through stock exchanges in India on be
ਅਗ 20, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 63.7335 and the Reference Rate for Euro is ` 85.0698 on August 20, 2013. The corresponding rates for the previous day (August 19, 2013) were ` 62.3461 and ` 83.0686 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 19, 2013 August 20, 2013 1 GBP 97.3721 9
The Reserve Bank of India’s Reference Rate for the US dollar is ` 63.7335 and the Reference Rate for Euro is ` 85.0698 on August 20, 2013. The corresponding rates for the previous day (August 19, 2013) were ` 62.3461 and ` 83.0686 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 19, 2013 August 20, 2013 1 GBP 97.3721 9
ਅਗ 19, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.3461 and the Reference Rate for Euro is `83.0686 on August 19, 2013. The corresponding rates for the previous day (August 16, 2013) were `61.8195 and `82.4510 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 16, 2013 August 19, 2013 1 GBP 96.5682 97.37
The Reserve Bank of India’s Reference Rate for the US dollar is `62.3461 and the Reference Rate for Euro is `83.0686 on August 19, 2013. The corresponding rates for the previous day (August 16, 2013) were `61.8195 and `82.4510 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 16, 2013 August 19, 2013 1 GBP 96.5682 97.37
ਅਗ 16, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.8195 and the Reference Rate for Euro is ` 82.4510 on August 16, 2013. The corresponding rates for the previous day (August 14, 2013) were ` 61.5160 and ` 81.6266 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 14, 2013 August 16, 2013 1 GBP 94.9869 9
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.8195 and the Reference Rate for Euro is ` 82.4510 on August 16, 2013. The corresponding rates for the previous day (August 14, 2013) were ` 61.5160 and ` 81.6266 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 14, 2013 August 16, 2013 1 GBP 94.9869 9
ਅਗ 14, 2013
Investment by FIIs under PIS - Incorporation in Ban List : M/s Axis Bank Ltd
The Reserve Bank of India today notified that foreign share holding by Global Depository Receipt (GDR)/American Depository Receipt (ADR)/Foreign Direct Investment (FDI)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Institutional Investors (FIIs) in M/s Axis 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 by Global Depository Receipt (GDR)/American Depository Receipt (ADR)/Foreign Direct Investment (FDI)/Non Resident Indian (NRI)/Persons of Indian Origin (PIO)/Foreign Institutional Investors (FIIs) in M/s Axis 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
ਅਗ 14, 2013
RBI announces measures to rationalise Foreign Exchange Outflows by Resident Indians
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would also apply to remittances made under the ODI scheme by Indian Companies for setting up unincorporated entities outside India in the energy
ਅਗ 14, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5160 and the Reference Rate for Euro is `81.6266 on August 14, 2013. The corresponding rates for the previous day (August 13, 2013) were `61.4343 and `81.7770 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 13, 2013 August 14, 2013 1 GBP 95.0757 94.98
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5160 and the Reference Rate for Euro is `81.6266 on August 14, 2013. The corresponding rates for the previous day (August 13, 2013) were `61.4343 and `81.7770 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 13, 2013 August 14, 2013 1 GBP 95.0757 94.98
ਅਗ 13, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4343 and the Reference Rate for Euro is `81.7770 on August 13, 2013. The corresponding rates for the previous day (August 12, 2013) were `60.8025 and `81.0345 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 12, 2013 August 13, 2013 1 GBP 94.2074 95.07
The Reserve Bank of India’s Reference Rate for the US dollar is `61.4343 and the Reference Rate for Euro is `81.7770 on August 13, 2013. The corresponding rates for the previous day (August 12, 2013) were `60.8025 and `81.0345 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 12, 2013 August 13, 2013 1 GBP 94.2074 95.07
ਅਗ 12, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `60.8025 and the Reference Rate for Euro is `81.0345 on August 12, 2013. The corresponding rates for the previous day (August 8, 2013) were `61.1150 and `81.5420 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 8, 2013 August 12, 2013 1 GBP 94.7710 94.2074
The Reserve Bank of India’s Reference Rate for the US dollar is `60.8025 and the Reference Rate for Euro is `81.0345 on August 12, 2013. The corresponding rates for the previous day (August 8, 2013) were `61.1150 and `81.5420 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 8, 2013 August 12, 2013 1 GBP 94.7710 94.2074
ਅਗ 08, 2013
Overseas Direct Investment for July 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 July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/291
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 July 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/291
ਅਗ 08, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.1150 and the Reference Rate for Euro is ` 81.5420 on August 8, 2013. The corresponding rates for the previous day (August 7, 2013) were ` 61.3940 and ` 81.6990 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 7, 2013 August 8, 2013 1 GBP 94.1723 94.77
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.1150 and the Reference Rate for Euro is ` 81.5420 on August 8, 2013. The corresponding rates for the previous day (August 7, 2013) were ` 61.3940 and ` 81.6990 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 7, 2013 August 8, 2013 1 GBP 94.1723 94.77
ਅਗ 07, 2013
Investment by FIIs under PIS - Removal from the Ban List : M/s Maruti Suzuki India Ltd
The Reserve Bank of India has today notified that the foreign share holdings in M/s Maruti Suzuki India Ltd. by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Maruti Suzuki India Ltd. are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/
The Reserve Bank of India has today notified that the foreign share holdings in M/s Maruti Suzuki India Ltd. by Foreign Institutional Investors (FIIs) under the Portfolio Investment Scheme (PIS) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of M/s Maruti Suzuki India Ltd. are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/
ਅਗ 07, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.3940 and the Reference Rate for Euro is `81.6990 on August 7, 2013. The corresponding rates for the previous day (August 6, 2013) were `61.5355 and `81.5785 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 6, 2013 August 7, 2013 1 GBP 94.3708 94.1723 1
The Reserve Bank of India’s Reference Rate for the US dollar is `61.3940 and the Reference Rate for Euro is `81.6990 on August 7, 2013. The corresponding rates for the previous day (August 6, 2013) were `61.5355 and `81.5785 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 6, 2013 August 7, 2013 1 GBP 94.3708 94.1723 1
ਅਗ 06, 2013
Data on India’s Invisibles for Fourth Quarter (January-March) of 2012-13
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for January-March 2013 and revised data for April-June 2012 and July-September 2012 and October-December 2012 along with corresponding data for previous year. In order to enhance data dissemination, the disaggregated data on India’s Invisibles are released on a quarterly basis on the RBI website with about one month
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments and International Investment Position Manual (BPM6) format for January-March 2013 and revised data for April-June 2012 and July-September 2012 and October-December 2012 along with corresponding data for previous year. In order to enhance data dissemination, the disaggregated data on India’s Invisibles are released on a quarterly basis on the RBI website with about one month
ਅਗ 06, 2013
Data on ECB / FCCB for June 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 June 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/257
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 June 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/257
ਅਗ 06, 2013
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5355 and the Reference Rate for Euro is `81.5785 on August 6, 2013. The corresponding rates for the previous day (August 5, 2013) were `60.8220 and `80.7335 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 5, 2013 August 6, 2013 1 GBP 92.9664 94.3708 1
The Reserve Bank of India’s Reference Rate for the US dollar is `61.5355 and the Reference Rate for Euro is `81.5785 on August 6, 2013. The corresponding rates for the previous day (August 5, 2013) were `60.8220 and `80.7335 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 5, 2013 August 6, 2013 1 GBP 92.9664 94.3708 1
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