The Reserve Bank of India today notified that Crew B.O.S. Products Ltd., has passed resolutions at the board of directors' meeting and a special resolution by the shareholders, to enhance the limit for purchase of its equity shares and convertible debentures by NRIS/PIOs though primary market and stock exchanges up to 24% of the paid up capital of the company under Portfolio Investment Scheme (PIS). This would be subject to the Regulation 5(3) of FEMA Notification No.

The Reserve Bank of India’s Reference Rate for the US dollar is `54.8260 and the Reference Rate for Euro is `72.8285 on January 16, 2013. The corresponding rates for the previous day (January 15, 2013) were `54.5425 and `72.8525 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 15, 2013 87.6934 61.30 January

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 December 2012. J.D. Desai Assistant Manager Press Release : 2012-2013/1193

The Reserve Bank of India’s Reference Rate for the US dollar is `54.5425 and the Reference Rate for Euro is `72.8525 on January 15, 2013. The corresponding rates for the previous day (January 14, 2013) were `54.6355 and `73.1273 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 14, 2013 88.1735 60.98 January

With a view to further enhancing the flow of credit to the export sector, the Reserve Bank of India has introduced a US Dollar-Rupee swap facility to support incremental Pre-shipment Export Credit in Foreign Currency (PCFC) by banks. Scheduled banks (excluding Regional Rural Banks (RRBs)) will have the option to access rupee refinance to the extent of the swap with the Reserve Bank under a special export credit refinance facility. The swap facility will be available t

The Reserve Bank of India’s Reference Rate for the US dollar is `54.6355 and the Reference Rate for Euro is `73.1273 on January 14, 2013. The corresponding rates for the previous day (January 11, 2013) were `54.5390 and `72.2945 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 11, 2013 88.0532 61.26 January

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period December 24, 2012 to December 28, 2012. 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 24-12-2012 3,853 1,189 1,329 254 519 493 6,009 6,367 1,111 1,798 1,874 402 26-12-2012 2,4

The Reserve Bank of India’s Reference Rate for the US dollar is `54.5390 and the Reference Rate for Euro is `72.2945 on January 11, 2013. The corresponding rates for the previous day (January 10, 2013) were `54.6305 and `71.3235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 10, 2013 87.5017 61.99 January

The Reserve Bank of India’s Reference Rate for the US dollar is `54.6305 and the Reference Rate for Euro is `71.3235 on January 10, 2013. The corresponding rates for the previous day (January 9, 2013) were `54.9625 and `71.9235 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 9 2013 88.2286 62.86 January 10,

The Reserve Bank of India’s Reference Rate for the US dollar is `54.9625 and the Reference Rate for Euro is `71.9235 on January 9, 2013. The corresponding rates for the previous day (January 8, 2013) were `55.3278 and `72.5680 respectively. Based on the Reference Rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of GBP and JPY against the Rupee are given below: Date Currency 1 GBP 100 JPY January 8, 2013 89.0501 63.33 January 9,