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Official Website of Reserve Bank of India
Press Releases
Mar 05, 2014
Monitoring of Foreign Investment by NRIs/PIOs under the Portfolio Investment Schemes in Indian Companies - Incorporation in Ban List : M/s Samtel India Ltd
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
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
Mar 05, 2014
Sources of Variation in Foreign Exchange Reserves in India during April-December 2013
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
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
Mar 05, 2014
Developments in India’s Balance of Payments during the Third Quarter (October-December) of 2013-14
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
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
Mar 05, 2014
RBI Reference Rate for US $ and Euro
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 `61.8550 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
Mar 04, 2014
RBI Reference Rate for US $ and Euro
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’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
Mar 03, 2014
Data on ECB / FCCB for January 2014
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 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
Mar 03, 2014
Monitoring of Foreign Investment under PIS in Indian Companies : M/s Maruti Suzuki India Ltd. in Caution List
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 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
Mar 03, 2014
RBI Reference Rate for US $ and Euro
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’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
Feb 28, 2014
Launch of Export Data Processing and Monitoring System (EDPMS)
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 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
Feb 28, 2014
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 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
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
Feb 28, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.0720 and the Reference Rate for Euro is ` 85.0285 on February 28, 2014. The corresponding rates for the previous day (February 26, 2014) were ` 61.9380 and ` 85.1148 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 26, 2014 February 28, 2014 1 GBP 10
The Reserve Bank of India’s Reference Rate for the US dollar is `62.0720 and the Reference Rate for Euro is ` 85.0285 on February 28, 2014. The corresponding rates for the previous day (February 26, 2014) were ` 61.9380 and ` 85.1148 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 26, 2014 February 28, 2014 1 GBP 10
Feb 26, 2014
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 February 3, 2014 to February 7, 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 03-02-2014 1,719 710 705 252 424 374 6,421 6,946 649 3,245 1,603 60 04-02-2014 1,635 743 78
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period February 3, 2014 to February 7, 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 03-02-2014 1,719 710 705 252 424 374 6,421 6,946 649 3,245 1,603 60 04-02-2014 1,635 743 78
Feb 26, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9380 and the Reference Rate for Euro is `85.1148 on February 26, 2014. The corresponding rates for the previous day (February 25, 2014) were `61.9765 and `85.1435 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 25, 2014 February 26, 2014 1 GBP 103.3
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9380 and the Reference Rate for Euro is `85.1148 on February 26, 2014. The corresponding rates for the previous day (February 25, 2014) were `61.9765 and `85.1435 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 25, 2014 February 26, 2014 1 GBP 103.3
Feb 25, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Incorporation in Ban List : M/s V-Mart Retail Ltd
The Reserve Bank of India today notified that the foreign share holding through Foreign Institutional Investors (FIIs) in M/s V-Mart Retail Ltd. has crossed the overall limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of Foreign Institutional Investors. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1705
The Reserve Bank of India today notified that the foreign share holding through Foreign Institutional Investors (FIIs) in M/s V-Mart Retail Ltd. has crossed the overall limit of 24 per cent of its paid-up capital. Therefore, no further purchases of shares of this company would be allowed through stock exchanges in India on behalf of Foreign Institutional Investors. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1705
Feb 25, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.9765 and the Reference Rate for Euro is ` 85.1435 on February 25, 2014. The corresponding rates for the previous day (February 24, 2014) were ` 62.1185 and ` 85.3235 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 24, 2014 February 25, 2014 1 GBP 1
The Reserve Bank of India’s Reference Rate for the US dollar is ` 61.9765 and the Reference Rate for Euro is ` 85.1435 on February 25, 2014. The corresponding rates for the previous day (February 24, 2014) were ` 62.1185 and ` 85.3235 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 24, 2014 February 25, 2014 1 GBP 1
Feb 24, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.1185 and the Reference Rate for Euro is ` 85.3235 on February 24, 2014. The corresponding rates for the previous day (February 21, 2014) were ` 62.1618 and ` 85.2685 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 21, 2014 February 24, 2014 1 GBP 1
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.1185 and the Reference Rate for Euro is ` 85.3235 on February 24, 2014. The corresponding rates for the previous day (February 21, 2014) were ` 62.1618 and ` 85.2685 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 21, 2014 February 24, 2014 1 GBP 1
Feb 21, 2014
Decrease in Foreign investment limit/ceiling in an Indian Company under PIS - FIIs- From 54% to 52.50% - Incorporation in Ban List-FIIs - M/s IDFC Limited
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 52.50 per cent of the paid up capital of M/s IDFC Limited under the Portfolio Investment Scheme (PIS). M/s IDFC Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing for decreasing the limit from 54 per cent to 52.50 per cent for the purchase of its equi
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 52.50 per cent of the paid up capital of M/s IDFC Limited under the Portfolio Investment Scheme (PIS). M/s IDFC Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing for decreasing the limit from 54 per cent to 52.50 per cent for the purchase of its equi
Feb 21, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1618 and the Reference Rate for Euro is `85.2685 on February 21, 2014. The corresponding rates for the previous day (February 20, 2014) were `62.2843 and `85.6995 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 20, 2014 February 21, 2014 1 GBP 103.8
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1618 and the Reference Rate for Euro is `85.2685 on February 21, 2014. The corresponding rates for the previous day (February 20, 2014) were `62.2843 and `85.6995 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 20, 2014 February 21, 2014 1 GBP 103.8
Feb 20, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.2843 and the Reference Rate for Euro is ` 85.6995 on February 20, 2014. The corresponding rates for the previous day (February 18, 2014) were ` 62.1220 and ` 85.1680 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 18, 2014 February 20, 2014 1 GBP 1
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.2843 and the Reference Rate for Euro is ` 85.6995 on February 20, 2014. The corresponding rates for the previous day (February 18, 2014) were ` 62.1220 and ` 85.1680 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 18, 2014 February 20, 2014 1 GBP 1
Feb 18, 2014
Overseas Direct Investment for January 2014
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 January 2014. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1657
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 January 2014. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1657
Feb 18, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.1220 and the Reference Rate for Euro is ` 85.1680 on February 18, 2014. The corresponding rates for the previous day (February 17, 2014) were ` 61.9495 and ` 84.9485 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 17, 2014 February 18, 2014 1 GBP 1
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.1220 and the Reference Rate for Euro is ` 85.1680 on February 18, 2014. The corresponding rates for the previous day (February 17, 2014) were ` 61.9495 and ` 84.9485 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 17, 2014 February 18, 2014 1 GBP 1
Feb 17, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9495 and the Reference Rate for Euro is `84.9485 on February 17, 2014. The corresponding rates for the previous day (February 14, 2014) were `62.2770 and `85.1755 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 14, 2014 February 17, 2014 1 GBP 103.6
The Reserve Bank of India’s Reference Rate for the US dollar is `61.9495 and the Reference Rate for Euro is `84.9485 on February 17, 2014. The corresponding rates for the previous day (February 14, 2014) were `62.2770 and `85.1755 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 14, 2014 February 17, 2014 1 GBP 103.6
Feb 14, 2014
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 January 27, 2014 to January 31, 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 27-01-2014 2,288 2,471 1,172 667 180 295 9,199 6,131 377 2,751 1,796 112 28-01-2014 2,293 2
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 27, 2014 to January 31, 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 27-01-2014 2,288 2,471 1,172 667 180 295 9,199 6,131 377 2,751 1,796 112 28-01-2014 2,293 2
Feb 14, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.2770 and the Reference Rate for Euro is `85.1755 on February 14, 2014. The corresponding rates for the previous day (February 13, 2014) were `62.2725 and `84.8710 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 13, 2014 February 14, 2014 1 GBP 103.4
The Reserve Bank of India’s Reference Rate for the US dollar is `62.2770 and the Reference Rate for Euro is `85.1755 on February 14, 2014. The corresponding rates for the previous day (February 13, 2014) were `62.2725 and `84.8710 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 13, 2014 February 14, 2014 1 GBP 103.4
Feb 13, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.2725 and the Reference Rate for Euro is ` 84.8710 on February 13, 2014. The corresponding rates for the previous day (February 12, 2014) were ` 62.1250 and ` 84.7215 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 12, 2014 February 13, 2014 1 GBP 1
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.2725 and the Reference Rate for Euro is ` 84.8710 on February 13, 2014. The corresponding rates for the previous day (February 12, 2014) were ` 62.1250 and ` 84.7215 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 12, 2014 February 13, 2014 1 GBP 1
Feb 12, 2014
Monitoring Foreign Investment under PIS - Removal from the Ban List : M/s Future Retail Ltd (Pantaloon Retail Ltd.)
The Reserve Bank of India today notified that the foreign share holding by FIIS in M/s Future Retail Ltd (Pantaloon Retail Ltd) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1626
The Reserve Bank of India today notified that the foreign share holding by FIIS in M/s Future Retail Ltd (Pantaloon Retail Ltd) have gone below the prescribed threshold limit stipulated under the extant FDI Policy. Hence, the restrictions placed on the purchase of shares of the above company are withdrawn with immediate effect. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1626
Feb 12, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies: M/s Great Eastern Shipping Co. Limited - Removal from the Ban List
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 33 per cent of the paid up capital of M/s Great Eastern Shipping Co. Limited under the Portfolio Investment Scheme (PIS). M/s Great Eastern Shipping Co. Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its eq
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 33 per cent of the paid up capital of M/s Great Eastern Shipping Co. Limited under the Portfolio Investment Scheme (PIS). M/s Great Eastern Shipping Co. Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its eq
Feb 12, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1250 and the Reference Rate for Euro is `84.7215 on February 12, 2014. The corresponding rates for the previous day (February 11, 2014) were `62.4390 and `85.2813 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 11, 2014 February 12, 2014 1 GBP 102.4
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1250 and the Reference Rate for Euro is `84.7215 on February 12, 2014. The corresponding rates for the previous day (February 11, 2014) were `62.4390 and `85.2813 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 11, 2014 February 12, 2014 1 GBP 102.4
Feb 11, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4390 and the Reference Rate for Euro is `85.2813 on February 11, 2014. The corresponding rates for the previous day (February 10, 2014) were `62.1930 and `84.7418 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 10, 2014 February 11, 2014 1 GBP 102.1
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4390 and the Reference Rate for Euro is `85.2813 on February 11, 2014. The corresponding rates for the previous day (February 10, 2014) were `62.1930 and `84.7418 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 10, 2014 February 11, 2014 1 GBP 102.1
Feb 10, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies - Incorporation in Caution List-FIIs/NRI/PIO/FDI/ADR/GDRs : M/s D B Corp Ltd
The Reserve Bank of India has today notified that the foreign share holding through Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)/Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipts (GDRs) in M/s D B Corp Ltd has reached the trigger limit. Hence, further purchases of equity shares of M/s D B Corp Ltd would be allowed only after obtaining prior approval of the Reserve Bank of
The Reserve Bank of India has today notified that the foreign share holding through Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs)/Foreign Direct Investment (FDI)/American Depository Receipt (ADR)/Global Depository Receipts (GDRs) in M/s D B Corp Ltd has reached the trigger limit. Hence, further purchases of equity shares of M/s D B Corp Ltd would be allowed only after obtaining prior approval of the Reserve Bank of
Feb 10, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies: M/s Dabur India Limited enhances its Limit to 30%
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 30 per cent of the paid up capital of M/s Dabur India Limited under the Portfolio Investment Scheme (PIS). M/s Dabur India Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its equity shares and convertible de
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 30 per cent of the paid up capital of M/s Dabur India Limited under the Portfolio Investment Scheme (PIS). M/s Dabur India Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its equity shares and convertible de
Feb 10, 2014
Data on India’s Invisibles for First and Second Quarter (April-June and July-September) of 2013-14
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments format for April-June and July-September 2013-14. Sangeeta Das Director Press Release : 2013-2014/1604
The Reserve Bank today released data on India’s invisibles as per the IMF’s Balance of Payments format for April-June and July-September 2013-14. Sangeeta Das Director Press Release : 2013-2014/1604
Feb 10, 2014
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 January 20, 2014 to January 24, 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 20-01-2014 1,228 675 158 188 312 274 4,269 2,964 592 3,051 891 42 21-01-2014 2,108 1,029 1,
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 20, 2014 to January 24, 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 20-01-2014 1,228 675 158 188 312 274 4,269 2,964 592 3,051 891 42 21-01-2014 2,108 1,029 1,
Feb 10, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1930 and the Reference Rate for Euro is `84.7418 on February 10, 2014. The corresponding rates for the previous day (February 7, 2014) were `62.3155 and `84.6830 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 7, 2014 February 10, 2014 1 GBP 101.776
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1930 and the Reference Rate for Euro is `84.7418 on February 10, 2014. The corresponding rates for the previous day (February 7, 2014) were `62.3155 and `84.6830 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 7, 2014 February 10, 2014 1 GBP 101.776
Feb 07, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.3155 and the Reference Rate for Euro is `84.6830 on February 7, 2014. The corresponding rates for the previous day (February 6, 2014) were `62.5045 and `84.4994 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 6, 2014 February 7, 2014 1 GBP 101.9198
The Reserve Bank of India’s Reference Rate for the US dollar is `62.3155 and the Reference Rate for Euro is `84.6830 on February 7, 2014. The corresponding rates for the previous day (February 6, 2014) were `62.5045 and `84.4994 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 6, 2014 February 7, 2014 1 GBP 101.9198
Feb 06, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.5045 and the Reference Rate for Euro is `84.4994 on February 6, 2014. The corresponding rates for the previous day (February 5, 2014) were `62.4525 and `84.3548 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 5, 2014 February 6, 2014 1 GBP 102.0099
The Reserve Bank of India’s Reference Rate for the US dollar is `62.5045 and the Reference Rate for Euro is `84.4994 on February 6, 2014. The corresponding rates for the previous day (February 5, 2014) were `62.4525 and `84.3548 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 5, 2014 February 6, 2014 1 GBP 102.0099
Feb 05, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies: M/s Rasoya Proteins Ltd. enhances its Limit to 100%
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 100 per cent of the paid up capital of M/s Rasoya Proteins Ltd. under the Portfolio Investment Scheme (PIS). M/s Rasoya Proteins Ltd. has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its equity shares and convertible
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 100 per cent of the paid up capital of M/s Rasoya Proteins Ltd. under the Portfolio Investment Scheme (PIS). M/s Rasoya Proteins Ltd. has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purchase of its equity shares and convertible
Feb 05, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4525 and the Reference Rate for Euro is `84.3548 on February 5, 2014. The corresponding rates for the previous day (February 4, 2014) were `62.6815 and `84.7805 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 4, 2014 February 5, 2014 1 GBP 101.9765
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4525 and the Reference Rate for Euro is `84.3548 on February 5, 2014. The corresponding rates for the previous day (February 4, 2014) were `62.6815 and `84.7805 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 4, 2014 February 5, 2014 1 GBP 101.9765
Feb 04, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.6815 and the Reference Rate for Euro is `84.7805 on February 4, 2014. The corresponding rates for the previous day (February 3, 2014) were `62. 6891 and `84.5780 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 3, 2014 February 4, 2014 1 GBP 102.9668
The Reserve Bank of India’s Reference Rate for the US dollar is `62.6815 and the Reference Rate for Euro is `84.7805 on February 4, 2014. The corresponding rates for the previous day (February 3, 2014) were `62. 6891 and `84.5780 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 3, 2014 February 4, 2014 1 GBP 102.9668
Feb 03, 2014
Monitoring of Foreign Investment under the PIS in Indian Companies: M/s Power Grid Corporation of India Limited enhances its Limit to 30%
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 30 per cent of the paid up capital of M/s. Power Grid Corporation of India Limited under the Portfolio Investment Scheme (PIS). M/s. Power Grid Corporation of India Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purcha
The Reserve Bank of India today notified that Foreign Institutional Investors (FIIs), through primary market and stock exchanges, can now purchase up to 30 per cent of the paid up capital of M/s. Power Grid Corporation of India Limited under the Portfolio Investment Scheme (PIS). M/s. Power Grid Corporation of India Limited has passed resolutions at the board of directors' level and a special resolution by the shareholders, agreeing to enhance the limit for the purcha
Feb 03, 2014
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 January 13, 2014 to January 17, 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 13-01-2014 2,421 1,807 663 393 435 354 7,989 8,433 698 2,587 1,276 48 15-01-2014 2,945 2,09
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 13, 2014 to January 17, 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 13-01-2014 2,421 1,807 663 393 435 354 7,989 8,433 698 2,587 1,276 48 15-01-2014 2,945 2,09
Feb 03, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.6891 and the Reference Rate for Euro is `84.5780 on February 3, 2014. The corresponding rates for the previous day (January 31, 2014) were `62. 4768 and `84.6022 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 January 31, 2014 February 3, 2014 1 GBP 102.9493
The Reserve Bank of India’s Reference Rate for the US dollar is `62.6891 and the Reference Rate for Euro is `84.5780 on February 3, 2014. The corresponding rates for the previous day (January 31, 2014) were `62. 4768 and `84.6022 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 January 31, 2014 February 3, 2014 1 GBP 102.9493
Jan 31, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4768 and the Reference Rate for Euro is `84.6022 on January 31, 2014. The corresponding rates for the previous day (January 30, 2014) were `62.7335 and `85.6075 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 January 30, 2014 January 31, 2014 1 GBP 103.8679
The Reserve Bank of India’s Reference Rate for the US dollar is `62.4768 and the Reference Rate for Euro is `84.6022 on January 31, 2014. The corresponding rates for the previous day (January 30, 2014) were `62.7335 and `85.6075 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 January 30, 2014 January 31, 2014 1 GBP 103.8679
Jan 30, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.7335 and the Reference Rate for Euro is `85.6075 on January 30, 2014. The corresponding rates for the previous day (January 29, 2014) were `62.2005 and `84.9640 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 January 29, 2014 January 30, 2014 1 GBP 103.1160
The Reserve Bank of India’s Reference Rate for the US dollar is `62.7335 and the Reference Rate for Euro is `85.6075 on January 30, 2014. The corresponding rates for the previous day (January 29, 2014) were `62.2005 and `84.9640 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 January 29, 2014 January 30, 2014 1 GBP 103.1160
Jan 29, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.2005 and the Reference Rate for Euro is `84.9640 on January 29, 2014. The corresponding rates for the previous day (January 28, 2014) were `62.9898 and `86.1715 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 January 28, 2014 January 29, 2014 1 GBP 104.6135
The Reserve Bank of India’s Reference Rate for the US dollar is `62.2005 and the Reference Rate for Euro is `84.9640 on January 29, 2014. The corresponding rates for the previous day (January 28, 2014) were `62.9898 and `86.1715 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 January 28, 2014 January 29, 2014 1 GBP 104.6135
Jan 28, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.9898 and the Reference Rate for Euro is `86.1715 on January 28, 2014. The corresponding rates for the previous day (January 27, 2014) were `62.7145 and `85.8228 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 January 27, 2014 January 28, 2014 1 GBP 103.5040
The Reserve Bank of India’s Reference Rate for the US dollar is `62.9898 and the Reference Rate for Euro is `86.1715 on January 28, 2014. The corresponding rates for the previous day (January 27, 2014) were `62.7145 and `85.8228 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 January 27, 2014 January 28, 2014 1 GBP 103.5040
Jan 27, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.7145 and the Reference Rate for Euro is ` 85.8228 on January 27, 2014. The corresponding rates for the previous day (January 24, 2014) were ` 62.1770 and ` 85.0894 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 January 24, 2014 January 27, 2014 1 GBP 103.3
The Reserve Bank of India’s Reference Rate for the US dollar is ` 62.7145 and the Reference Rate for Euro is ` 85.8228 on January 27, 2014. The corresponding rates for the previous day (January 24, 2014) were ` 62.1770 and ` 85.0894 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 January 24, 2014 January 27, 2014 1 GBP 103.3
Jan 24, 2014
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 January 6, 2014 to January 10, 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 06-01-2014 1,743 1,542 938 550 316 297 5,801 7,117 320 2,996 2,106 45 07-01-2014 1,667 1,284
The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period January 6, 2014 to January 10, 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 06-01-2014 1,743 1,542 938 550 316 297 5,801 7,117 320 2,996 2,106 45 07-01-2014 1,667 1,284
Jan 24, 2014
Data on ECB / FCCB for December 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 December 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1490
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 December 2013. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1490
Jan 24, 2014
RBI Reference Rate for US $ and Euro
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1770 and the Reference Rate for Euro is `85.0894 on January 24, 2014. The corresponding rates for the previous day (January 23, 2014) were `61.9880 and `83.9765 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 January 23, 2014 January 24, 2014 1 GBP 102.6707
The Reserve Bank of India’s Reference Rate for the US dollar is `62.1770 and the Reference Rate for Euro is `85.0894 on January 24, 2014. The corresponding rates for the previous day (January 23, 2014) were `61.9880 and `83.9765 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 January 23, 2014 January 24, 2014 1 GBP 102.6707
Page Last Updated on: September 22, 2023