Press Releases - Foreign Exchange Management - ఆర్బిఐ - Reserve Bank of India
Foreign Exchange Management Act Announcement
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జూన్ 27, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- Incorporation in Caution List - M/s AU Small Finance Bank Ltd
The Reserve Bank of India has today notified that M/s AU Small Finance Bank Ltd. (earlier known as M/s AU Financiers (India) Ltd.) is in the process of listing its equity shares by way of an Initial Public Offering (IPO). Reserve Bank has further notified as follows: The company has passed the necessary resolutions at the Board of Director’s level and also of special resolution by its General Body for increasing the Foreign Institutional Investors (FIIs)/ Foreign Port
The Reserve Bank of India has today notified that M/s AU Small Finance Bank Ltd. (earlier known as M/s AU Financiers (India) Ltd.) is in the process of listing its equity shares by way of an Initial Public Offering (IPO). Reserve Bank has further notified as follows: The company has passed the necessary resolutions at the Board of Director’s level and also of special resolution by its General Body for increasing the Foreign Institutional Investors (FIIs)/ Foreign Port
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జూన్ 27, 2017
RBI releases data on ECB/FCCB/RDB for May 2017
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of May 2017. Ajit Prasad Assistant Adviser Press Release: 2016-2017/3481
The Reserve Bank of India has today released the data on External Commercial Borrowings (ECB), Foreign Currency Convertible Bonds (FCCB) and Rupee Denominated Bonds (RDB) both, through Automatic Route and Approval Route, for the month of May 2017. Ajit Prasad Assistant Adviser Press Release: 2016-2017/3481
జూన్ 27, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4572 on June 27, 2017. The corresponding rate for the previous day (June 23, 2017) was ₹ 64.5365. 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 June 23, 2017 June 27, 2017 1 EUR 72.0808 72.1921 1 GBP 81.9743 82.0798 100 YEN 58.01 57.71 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4572 on June 27, 2017. The corresponding rate for the previous day (June 23, 2017) was ₹ 64.5365. 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 June 23, 2017 June 27, 2017 1 EUR 72.0808 72.1921 1 GBP 81.9743 82.0798 100 YEN 58.01 57.71 Note : The SDR-Rupee rate wil
జూన్ 23, 2017
Exchange of Qatari Riyals in India
The Reserve Bank of India under Section 10 of Foreign Exchange Management Act, 1999, read with Section 3 of the Act, authorises the Authorised Persons to deal in foreign exchange as an Authorised Dealer or as a money changer or in any manner as it deems fit. It has come to the notice of the Reserve Bank of India that certain entities authorized as Authorised Persons by the Reserve Bank of India under Section 10(1) of the Foreign Exchange Management Act, 1999, to deal
The Reserve Bank of India under Section 10 of Foreign Exchange Management Act, 1999, read with Section 3 of the Act, authorises the Authorised Persons to deal in foreign exchange as an Authorised Dealer or as a money changer or in any manner as it deems fit. It has come to the notice of the Reserve Bank of India that certain entities authorized as Authorised Persons by the Reserve Bank of India under Section 10(1) of the Foreign Exchange Management Act, 1999, to deal
జూన్ 23, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.5365 on June 23, 2017. The corresponding rate for the previous day (June 22, 2017) was ₹ 64.4950. 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 June 22, 2017 June 23, 2017 1 EUR 72.0732 72.0808 1 GBP 81.7990 81.9743 100 YEN 58.05 58.01 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.5365 on June 23, 2017. The corresponding rate for the previous day (June 22, 2017) was ₹ 64.4950. 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 June 22, 2017 June 23, 2017 1 EUR 72.0732 72.0808 1 GBP 81.7990 81.9743 100 YEN 58.05 58.01 Note : The SDR-Rupee rate wil
జూన్ 22, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4950 on June 22, 2017. The corresponding rate for the previous day (June 21, 2017) was ₹ 64.6025. 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 June 21, 2017 June 22, 2017 1 EUR 71.9413 72.0732 1 GBP 81.5348 81.7990 100 YEN 58.07 58.05 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4950 on June 22, 2017. The corresponding rate for the previous day (June 21, 2017) was ₹ 64.6025. 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 June 21, 2017 June 22, 2017 1 EUR 71.9413 72.0732 1 GBP 81.5348 81.7990 100 YEN 58.07 58.05 Note : The SDR-Rupee rate wil
జూన్ 21, 2017
Monitoring of Foreign Investment under PIS in Indian Companies- Removal from Ban List - FIIs/RPIs : M/s IDFC Limited
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s IDFC Limited have gone below the prescribed FII/FPI investment limit. Hence, the restrictions placed on the purchase of shares by FII/FPI of the above company, are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release: 2016-2017/3444
The Reserve Bank of India has today notified that the foreign shareholding by Foreign Institutional Investors (FIIs)/ Foreign Portfolios Investors (FPIs) in M/s IDFC Limited have gone below the prescribed FII/FPI investment limit. Hence, the restrictions placed on the purchase of shares by FII/FPI of the above company, are withdrawn with immediate effect. Ajit Prasad Assistant Adviser Press Release: 2016-2017/3444
జూన్ 21, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.6025 on June 21, 2017. The corresponding rate for the previous day (June 20, 2017) was ₹ 64.4672. 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 June 20, 2017 June 21, 2017 1 EUR 71.9583 71.9413 1 GBP 82.1506 81.5348 100 YEN 57.80 58.07 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.6025 on June 21, 2017. The corresponding rate for the previous day (June 20, 2017) was ₹ 64.4672. 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 June 20, 2017 June 21, 2017 1 EUR 71.9583 71.9413 1 GBP 82.1506 81.5348 100 YEN 57.80 58.07 Note : The SDR-Rupee rate wil
జూన్ 20, 2017
RBI Reference Rate for US $
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4672 on June 20, 2017. The corresponding rate for the previous day (June 19, 2017) was ₹ 64.3788. 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 June 19, 2017 June 20, 2017 1 EUR 72.1043 71.9583 1 GBP 82.2053 82.1506 100 YEN 57.98 57.80 Note : The SDR-Rupee rate wil
The Reserve Bank of India’s Reference Rate for the US Dollar is ₹ 64.4672 on June 20, 2017. The corresponding rate for the previous day (June 19, 2017) was ₹ 64.3788. 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 June 19, 2017 June 20, 2017 1 EUR 72.1043 71.9583 1 GBP 82.2053 82.1506 100 YEN 57.98 57.80 Note : The SDR-Rupee rate wil
జూన్ 19, 2017
FIIs/FPIs can now invest 24 to 49 per cent under PIS in M/s Satin Creditcare Network Limited
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) can now invest from 24 per cent to 49 per cent of the paid up capital of M/s Satin Creditcare Network Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that M/s Satin Creditcare Network Limited has passed necessary resolution at Board of Directors` level and in its Annual General Meeting for increasing the FII/FPI
The Reserve Bank of India has today notified that Foreign Institutional Investors (FIIs)/Foreign Portfolios Investors (FPIs) can now invest from 24 per cent to 49 per cent of the paid up capital of M/s Satin Creditcare Network Limited under the Portfolio Investment Scheme (PIS). The Reserve Bank has stated that M/s Satin Creditcare Network Limited has passed necessary resolution at Board of Directors` level and in its Annual General Meeting for increasing the FII/FPI
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