The Reserve Bank of India advise that M/s Samtel India Ltd has been included in the Ban List of the Reserve Bank of India for purchase of equity shares by Non Resident Indians (NRIs)/ Persons of Indian Origin (PIO), as the aggregate net purchases of the equity shares in M/s Samtel India Ltd by NRI/PIOs in the primary /secondary markets has reached the trigger limit. Accordingly, no further purchases of the shares of M/s Samtel India Ltd would be allowed through stock

Earlier today, the Reserve Bank of India released the Balance of Payments (BoP) data for October-December 2013 on its website (www.rbi.org.in). On the basis of these data, the sources of variation in foreign exchange reserves during April- December 2013 have been compiled. Sources of Variation in Foreign Exchange Reserves: April- December 2013 During April-December 2013, there was an increase in the foreign exchange reserves. The sources of variation in the foreign ex

Preliminary data on India’s balance of payments (BoP) for the third quarter (Q3), i.e., October-December 2013, of the financial year 2013-14, are now available and presented in Statements I and II. While Statement I presents BoP data in BPM6 format, Statement II provides the same as per the old format. Developments in India’s BoP during October-December 2013 India’s current account deficit (CAD) narrowed sharply to US$ 4.2 billion (0.9 per cent of GDP) in Q3 of 2013-1

The Reserve Bank of India’s Reference Rate for the US dollar is `61.8550 and the Reference Rate for Euro is `84.9195 on March 05, 2014. The corresponding rates for the previous day (March 04, 2014) were `61.9045 and `85.1365 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 March 04, 2014 March 05, 2014 1 GBP 103.2567 103.0566

The Reserve Bank of India’s Reference Rate for the US dollar is `61.9045 and the Reference Rate for Euro is `85.1365 on March 04, 2014. The corresponding rates for the previous day (March 03, 2014) were `61.8605 and `85.3085 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 March 03, 2014 March 04, 2014 1 GBP 103.5235 103.2567

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 January 2014. Sucheta Vazkar Manager Press Release : 2013-2014/1728

The Reserve Bank of India has today notified that the foreign share holding in M/s Maruti Suzuki India Ltd. by Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS) has reached the trigger limit of 22 per cent. Hence, further purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank of India. Alpana Killawala Principal Chief General Manager Press Release : 2013-2014/1734

The Reserve Bank of India’s Reference Rate for the US dollar is `61.8605 and the Reference Rate for Euro is `85.3085 on March 03, 2014. The corresponding rates for the previous day (February 28, 2014) were `62.0720 and `85.0285 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 February 28, 2014 March 03, 2014 1 GBP 103.6106 10

The Reserve Bank of India has today launched a new comprehensive integrated computerized Export Data Processing and Monitoring System (EDPMS) for effective monitoring and follow- up of the exports transactions. Dr. Raghuram Rajan, Governor, Reserve Bank of India inaugurated the system. Apart from making the regulatory and supervisory process effective for monitoring the export transactions, it is a major green initiative as paper reporting requirement will be eliminat

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 10, 2014 to February 14, 2014. 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 10-02-2014 1,397 584 290 328 195 179 4,594 4,578 206 2,030 811 96 11-02-2014 1,401 908 22