The Reserve Bank of India today notified that M/s IDFC limited has decided to decrease the limit for purchase of its equity shares and convertible debentures by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs), through primary market and stock exchanges under the Portfolio Investment Scheme (PIS) up to 50.50 per cent of its paid up capital. Earlier limit for such investments in M/s IDFC Limited was 51.50 per cent. M/s IDFC Limited

The Reserve Bank of India’s Reference Rate for the US dollar is `60.1903 and the Reference Rate for Euro is `81.6560 on July 16, 2014. The corresponding rates for the previous day (July 15, 2014) were `60.2195 and `81.9510 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 July 15, 2014 July 16, 2014 1 GBP 102.7947 103.1361 100

The Reserve Bank of India’s Reference Rate for the US dollar is `60.2195 and the Reference Rate for Euro is `81.9510 on July 15, 2014. The corresponding rates for the previous day (July 14, 2014) were `60.0050 and `81.5990 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 July 14, 2014 July 15, 2014 1 GBP 102.7166 102.7947 100

The Reserve Bank of India’s Reference Rate for the US dollar is `60.0050 and the Reference Rate for Euro is `81.5990 on July 14, 2014. The corresponding rates for the previous day (July 11, 2014) were `60.1855 and `81.8720 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 July 11, 2014 July 14, 2014 1 GBP 103.1459 102.7166 100

The Reserve Bank of India’s Reference Rate for the US dollar is `60.1855 and the Reference Rate for Euro is `81.8720 on July 11, 2014. The corresponding rates for the previous day (July 10, 2014) were `59.8750 and `81.6925 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 July 10, 2014 July 11, 2014 1 GBP 102.5898 103.1459 100

The Reserve Bank of India has today notified that the share holdings by Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) under Portfolio Investment Scheme in M/s Kotak Mahindra Bank Limited 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. The Reserve Bank has also notified that al

The Reserve Bank of India’s Reference Rate for the US dollar is `59.8750 and the Reference Rate for Euro is `81.6925 on July 10, 2014. The corresponding rates for the previous day (July 9, 2014) were `59.7260 and `81.3800 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 July 9, 2014 July 10, 2014 1 GBP 102.3584 102.5898 100 Y

The Reserve Bank of India has today advised that no further purchases of the shares of M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypack Ltd (name as confirmed by the company) would be allowed through stock exchanges on behalf of Non-Resident Indians (NRIs)/Persons of Indian Origin (PIOs) under the portfolio investment scheme (PIS) as the aggregate net purchases of the equity shares in M/s Pankaj Pplypack Ltd (Name as per BSE website) / Pankaj Polypa

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 June 2014. Ajit Prasad Assistant General Manager Press Release : 2014-2015/62

The Reserve Bank of India’s Reference Rate for the US dollar is `59.7260 and the Reference Rate for Euro is `81.3800 on July 9, 2014. The corresponding rates for the previous day (July 8, 2014) were `59.7968 and `81.3225 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 July 8, 2014 July 9, 2014 1 GBP 102.4200 102.3584 100 YEN