Press Releases - ఆర్బిఐ - Reserve Bank of India
rbi.page.title.1
rbi.page.title.2
Press Releases
-
మార్చి 10, 1998Foreign Exchange Data from 23/02/98 to 27/02/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/02/98 242 116 90 21 14 18 659 1174 199 457 127 26 24/02/98 241 98 57 25 25 23 547 1043 177 503 196 22 26/02/98 303 66 44 29 34 34 583 1040 133 619 232 47 27/02/98 209 80 60 22 23 16 451 933 50 778 149 22 Sales 23/02/98 285 190 78 20 14 23 600 1115 197 463 13Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/02/98 242 116 90 21 14 18 659 1174 199 457 127 26 24/02/98 241 98 57 25 25 23 547 1043 177 503 196 22 26/02/98 303 66 44 29 34 34 583 1040 133 619 232 47 27/02/98 209 80 60 22 23 16 451 933 50 778 149 22 Sales 23/02/98 285 190 78 20 14 23 600 1115 197 463 13
-
మార్చి 04, 1998Foreign Exchange Data from 16/02/98 to 20/02/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/02/98 135 52 29 16 13 5 351 614 83 709 52 6 17/02/98 201 56 19 14 20 16 378 754 95 518 104 17 18/02/98 233 86 28 12 19 10 393 754 118 503 118 28 19/02/98 194 55 29 25 7 13 339 678 94 475 97 16 20/02/98 199 54 20 37 15 5 458 825 103 506 87 19 Sales 16/02/98 1Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/02/98 135 52 29 16 13 5 351 614 83 709 52 6 17/02/98 201 56 19 14 20 16 378 754 95 518 104 17 18/02/98 233 86 28 12 19 10 393 754 118 503 118 28 19/02/98 194 55 29 25 7 13 339 678 94 475 97 16 20/02/98 199 54 20 37 15 5 458 825 103 506 87 19 Sales 16/02/98 1
-
ఫిబ్ర 26, 1998Foreign Exchange Data from 09/02/98 to 13/02/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 09/02/98 232 82 20 15 30 18 490 1239 145 534 100 34 10/02/98 227 75 16 14 17 19 653 1103 84 735 113 21 11/02/98 223 55 24 21 20 24 607 794 104 844 153 16 12/02/98 191 60 21 28 22 15 326 732 141 617 105 82 13/02/98 212 58 33 24 18 18 410 851 113 528 82 83 SalesPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 09/02/98 232 82 20 15 30 18 490 1239 145 534 100 34 10/02/98 227 75 16 14 17 19 653 1103 84 735 113 21 11/02/98 223 55 24 21 20 24 607 794 104 844 153 16 12/02/98 191 60 21 28 22 15 326 732 141 617 105 82 13/02/98 212 58 33 24 18 18 410 851 113 528 82 83 Sales
-
ఫిబ్ర 24, 1998Portfolio investment by FIIs/NRIs and OCBs - Purchase up to 30 per centEquity shares and convertible debentures of the undernoted companies can now be purchased under the portfolio investment scheme up to 30 per cent of their paid up equity capital subject to the prescribed conditions: Ranbaxy Laboratories Ltd. Capital Trust Ltd. The Credit Rating Information Services of India Ltd. Garware Polyester Ltd. Jyoti Structures Ltd. These companies have now passed the necessary resolutions as required in terms of the Government of India press rEquity shares and convertible debentures of the undernoted companies can now be purchased under the portfolio investment scheme up to 30 per cent of their paid up equity capital subject to the prescribed conditions: Ranbaxy Laboratories Ltd. Capital Trust Ltd. The Credit Rating Information Services of India Ltd. Garware Polyester Ltd. Jyoti Structures Ltd. These companies have now passed the necessary resolutions as required in terms of the Government of India press r
-
ఫిబ్ర 18, 1998Foreign Exchange Data from 02/02/98 to 06/02/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 02/02/98 293 49 41 37 35 18 528 976 80 542 145 24 03/02/98 172 70 16 21 6 12 620 1187 167 581 116 23 04/02/98 171 74 16 22 16 11 692 1028 102 539 88 11 05/02/98 193 80 12 13 34 13 511 1060 84 846 228 25 06/02/98 178 80 37 22 9 11 516 869 105 598 79 30 Sales 02/Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 02/02/98 293 49 41 37 35 18 528 976 80 542 145 24 03/02/98 172 70 16 21 6 12 620 1187 167 581 116 23 04/02/98 171 74 16 22 16 11 692 1028 102 539 88 11 05/02/98 193 80 12 13 34 13 511 1060 84 846 228 25 06/02/98 178 80 37 22 9 11 516 869 105 598 79 30 Sales 02/
-
ఫిబ్ర 16, 1998Investment by FIIs/NRIs/OCRs under portfolio investment schemeInfosys Technologies Ltd. The Reserve Bank of India has communicated that the holdings of foreign institutional investors (FIIs)/non-resident Indians (NRIs)/overseas corporate bodies (OCBs) in Infosys Technologies Ltd. has come down below 26 per cent. As such it would be in order for FIIs/NRIs/OCBs to make further purchases of the shares of Infosys Technologies Ltd. with prior approval of the Reserve Bank of India. Punjab Tractors Ltd. Similarly, the holdings of FIIs/Infosys Technologies Ltd. The Reserve Bank of India has communicated that the holdings of foreign institutional investors (FIIs)/non-resident Indians (NRIs)/overseas corporate bodies (OCBs) in Infosys Technologies Ltd. has come down below 26 per cent. As such it would be in order for FIIs/NRIs/OCBs to make further purchases of the shares of Infosys Technologies Ltd. with prior approval of the Reserve Bank of India. Punjab Tractors Ltd. Similarly, the holdings of FIIs/
-
ఫిబ్ర 13, 1998RBI operationalises general permission granted to FDIs in respect of SIA/FIPB approvalsThe Reserve Bank has issued a notification on February 10, 1998 operationalising the procedure for granting general permission to Indian companies to issue equity shares/securities to foreign investors in accordance with the approval for foreign direct investments (FDIs) granted by the Secretariat for Industrial Assistance (SIA) (Government of India, Ministry of Industry, Department of Industrial Policy & Promotion) or by the Foreign Investment Promotion Board (FIThe Reserve Bank has issued a notification on February 10, 1998 operationalising the procedure for granting general permission to Indian companies to issue equity shares/securities to foreign investors in accordance with the approval for foreign direct investments (FDIs) granted by the Secretariat for Industrial Assistance (SIA) (Government of India, Ministry of Industry, Department of Industrial Policy & Promotion) or by the Foreign Investment Promotion Board (FI
-
ఫిబ్ర 09, 1998FII/NRI holdings in Bank of Baroda go below 16 per centThe Reserve Bank of India has allowed purchase of shares of Bank of Baroda from the secondary market on behalf of foreign institutional investors (FIIs)/non-resident Indians (NRIs)/overseas corporate bodies (OCBs). The Reserve Bank stated that consequent upon the increase in the paid-up capital and sales of shares, the holdings of FIIs/NRIs/OCBs in Bank of Baroda have gone down below 16 per cent of its paid-up capital and therefore the requirement of obtaining the ResThe Reserve Bank of India has allowed purchase of shares of Bank of Baroda from the secondary market on behalf of foreign institutional investors (FIIs)/non-resident Indians (NRIs)/overseas corporate bodies (OCBs). The Reserve Bank stated that consequent upon the increase in the paid-up capital and sales of shares, the holdings of FIIs/NRIs/OCBs in Bank of Baroda have gone down below 16 per cent of its paid-up capital and therefore the requirement of obtaining the Res
-
ఫిబ్ర 09, 1998Foreign Exchange Data from 27/01/98 to 29/01/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 27/01/98 392 192 179 29 28 24 1343 1470 198 457 245 82 28/01/98 284 101 89 24 16 21 716 1274 196 529 434 30 29/01/98 231 83 118 19 19 23 546 885 167 499 503 31 Sales 27/01/98 382 198 244 29 25 26 1839 1591 167 446 247 82 28/01/98 330 190 142 25 16 22 692 1123 2Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 27/01/98 392 192 179 29 28 24 1343 1470 198 457 245 82 28/01/98 284 101 89 24 16 21 716 1274 196 529 434 30 29/01/98 231 83 118 19 19 23 546 885 167 499 503 31 Sales 27/01/98 382 198 244 29 25 26 1839 1591 167 446 247 82 28/01/98 330 190 142 25 16 22 692 1123 2
-
ఫిబ్ర 07, 1998Foreign Exchange Data from 19/01/98 to 23/01/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 19/01/98 252 172 72 13 19 17 810 933 289 313 59 10 20/01/98 191 95 41 15 14 6 751 805 80 396 125 8 21/01/98 202 72 46 2 14 16 633 946 89 365 97 6 22/01/98 189 120 30 4 23 20 510 970 157 415 110 13 23/01/98 175 106 60 16 20 17 656 1294 169 445 178 14 Sales 19/01Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 19/01/98 252 172 72 13 19 17 810 933 289 313 59 10 20/01/98 191 95 41 15 14 6 751 805 80 396 125 8 21/01/98 202 72 46 2 14 16 633 946 89 365 97 6 22/01/98 189 120 30 4 23 20 510 970 157 415 110 13 23/01/98 175 106 60 16 20 17 656 1294 169 445 178 14 Sales 19/01
-
ఫిబ్ర 05, 1998Investment by Foreign Institutional Investors - Monitoring of overall ceilingNo further purchases of shares of Satyam Computer Services Limited should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. The overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the portfolio investment scheme has already reached in the case of this company. (Alpana Killawala) General ManagNo further purchases of shares of Satyam Computer Services Limited should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. The overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the portfolio investment scheme has already reached in the case of this company. (Alpana Killawala) General Manag
-
జన 21, 1998Foreign Exchange Data from 05/01/98 to 09/01/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 05/01/98 193 59 40 15 14 8 900 1013 78 362 114 15 06/01/98 227 72 26 7 33 7 835 1173 201 448 188 15 07/01/98 163 41 20 8 30 8 460 899 120 476 218 15 08/01/98 173 57 18 5 34 8 550 1074 155 407 163 23 09/01/98 191 91 12 7 16 16 581 953 107 386 87 9 Sales 05/01/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 05/01/98 193 59 40 15 14 8 900 1013 78 362 114 15 06/01/98 227 72 26 7 33 7 835 1173 201 448 188 15 07/01/98 163 41 20 8 30 8 460 899 120 476 218 15 08/01/98 173 57 18 5 34 8 550 1074 155 407 163 23 09/01/98 191 91 12 7 16 16 581 953 107 386 87 9 Sales 05/01/98
-
జన 21, 1998Release of exchange for studies abroadThe Reserve Bank of India has advised authorised dealers that it will be in order for them to release the quota of foreign exchange to students going abroad for studies in one or more instalments as may be required by the students/guardian concerned. The Reserve Bank has also advised the authorised dealers that it will be in order for them to release exchange for a longer period, i.e., beyond six months, in cases where the overseas university/educational institution iThe Reserve Bank of India has advised authorised dealers that it will be in order for them to release the quota of foreign exchange to students going abroad for studies in one or more instalments as may be required by the students/guardian concerned. The Reserve Bank has also advised the authorised dealers that it will be in order for them to release exchange for a longer period, i.e., beyond six months, in cases where the overseas university/educational institution i
-
జన 16, 1998Investment by FIIs/NRIs/OCBs under Portfolio Investment Scheme - Monitoring of overall ceilingNo further purchases of equity shares of Bank of Baroda and LGP Brothers Ltd. should be made on bahalf of foreign institutional investors/NRIs/OCBs through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of Bank of Baroda and LGB Brothers Ltd. by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the portfolio investment scheme have reached the limitsNo further purchases of equity shares of Bank of Baroda and LGP Brothers Ltd. should be made on bahalf of foreign institutional investors/NRIs/OCBs through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of Bank of Baroda and LGB Brothers Ltd. by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the portfolio investment scheme have reached the limits
-
జన 16, 1998Investment by FIIs/NRIs/OCBs under the Portfolio Investment Scheme - Monitoring of ceilingThe Reserve Bank of India has withdrawn the restrictions placed on the purchase of shares of the State Bank of India and the Housing Development Finance Corporation Ltd on behalf of FIIs/NRIs/OCBs. These shares can now be purchased with the prior approval of the Reserve Bank of India, through stock exchanges. The restrictions were placed in October 1996 and July 1997 respectively when the overall ceiling of 20 per cent (State Bank of India) and 30 per cent (Housing DeThe Reserve Bank of India has withdrawn the restrictions placed on the purchase of shares of the State Bank of India and the Housing Development Finance Corporation Ltd on behalf of FIIs/NRIs/OCBs. These shares can now be purchased with the prior approval of the Reserve Bank of India, through stock exchanges. The restrictions were placed in October 1996 and July 1997 respectively when the overall ceiling of 20 per cent (State Bank of India) and 30 per cent (Housing De
-
జన 14, 1998Foreign Exchange Data from 29/12/97 to 02/01/98Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 29/12/97 251 59 46 8 17 20 536 1119 142 138 229 31 30/12/97 225 54 76 7 33 41 424 1124 159 100 333 25 31/12/97 191 43 33 9 5 1 399 379 112 69 82 17 01/01/98 74 17 2 0 0 0 134 392 59 2 1 0 02/01/98 163 94 12 4 19 22 526 952 124 343 230 33 Sales 29/12/97 337 197Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 29/12/97 251 59 46 8 17 20 536 1119 142 138 229 31 30/12/97 225 54 76 7 33 41 424 1124 159 100 333 25 31/12/97 191 43 33 9 5 1 399 379 112 69 82 17 01/01/98 74 17 2 0 0 0 134 392 59 2 1 0 02/01/98 163 94 12 4 19 22 526 952 124 343 230 33 Sales 29/12/97 337 197
-
జన 13, 1998General Permission under FERA for Foreign Direct Investment under "the Automatic Route of RBI"Further to our press release dated January 8, 1998 advising our intention to issue general permission for foreign investment under "the Automatic Route of RBI", the Reserve Bank of India has issued Notification No.FERA 180/98 RB dated January 13, 1998 under Sections 19(1) and 29(1) of the Foreign Exchange Regulation Act, 1973. In terms of the notification, Indian companies can issue equity shares up to 50 per cent, 51 per cent and 74 per cent as the case may be, in reFurther to our press release dated January 8, 1998 advising our intention to issue general permission for foreign investment under "the Automatic Route of RBI", the Reserve Bank of India has issued Notification No.FERA 180/98 RB dated January 13, 1998 under Sections 19(1) and 29(1) of the Foreign Exchange Regulation Act, 1973. In terms of the notification, Indian companies can issue equity shares up to 50 per cent, 51 per cent and 74 per cent as the case may be, in re
-
జన 08, 1998Foreign Exchange Data from 15/12/97 to 26/12/97Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 15/12/97 230 67 20 14 11 14 594 1133 90 342 129 27 16/12/97 175 60 21 8 11 6 1096 794 91 375 115 12 17/12/97 197 54 6 9 44 16 383 1413 179 526 158 16 18/12/97 185 36 18 3 7 4 514 1028 145 277 92 11 19/12/97 200 46 19 6 11 6 426 639 114 346 94 36 22/12/97 259 68Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 15/12/97 230 67 20 14 11 14 594 1133 90 342 129 27 16/12/97 175 60 21 8 11 6 1096 794 91 375 115 12 17/12/97 197 54 6 9 44 16 383 1413 179 526 158 16 18/12/97 185 36 18 3 7 4 514 1028 145 277 92 11 19/12/97 200 46 19 6 11 6 426 639 114 346 94 36 22/12/97 259 68
-
జన 08, 1998RBI announces simplification of procedures for Foreign Direct InvestmentIn a major drive to simplify procedures for foreign direct investment under the "automatic" route, RBI has dispensed with the need for its prior approval for such proposals. Indian companies have been given general permission to accept investments under this scheme as per policy guidelines laid down by the Government of India. In terms of the policy of the Government of India, Indian companies engaged in manufacturing items falling under priority industries and certaiIn a major drive to simplify procedures for foreign direct investment under the "automatic" route, RBI has dispensed with the need for its prior approval for such proposals. Indian companies have been given general permission to accept investments under this scheme as per policy guidelines laid down by the Government of India. In terms of the policy of the Government of India, Indian companies engaged in manufacturing items falling under priority industries and certai
-
డిసెం 24, 1997Foreign Exchange Data from 08/12/97 to 12/12/97Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/12/97 211 46 26 5 16 15 672 957 75 311 114 13 09/12/97 171 50 8 7 17 9 513 674 57 443 109 7 10/12/97 171 38 9 6 41 20 687 909 81 504 216 8 11/12/97 190 90 9 7 28 17 813 925 79 760 143 21 12/12/97 263 94 12 12 30 18 746 1091 105 402 149 17 Sales 08/12/97 209Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/12/97 211 46 26 5 16 15 672 957 75 311 114 13 09/12/97 171 50 8 7 17 9 513 674 57 443 109 7 10/12/97 171 38 9 6 41 20 687 909 81 504 216 8 11/12/97 190 90 9 7 28 17 813 925 79 760 143 21 12/12/97 263 94 12 12 30 18 746 1091 105 402 149 17 Sales 08/12/97 209
-
డిసెం 19, 1997Bank Investments in Overseas MarketsAt present banks are allowed to invest up to 15 per cent of Tier I capital in oveseas money markets. Investments of nostro funds on overnight basis by banks were not included in this limit. It has come to the notice of the Reserve Bank of India that the overnight investments out of nostro funds have recently become fairly sizeable on a continuing basis. It has therefore been decided that the cap of 15 per cent permitted for overseas investments would also include overAt present banks are allowed to invest up to 15 per cent of Tier I capital in oveseas money markets. Investments of nostro funds on overnight basis by banks were not included in this limit. It has come to the notice of the Reserve Bank of India that the overnight investments out of nostro funds have recently become fairly sizeable on a continuing basis. It has therefore been decided that the cap of 15 per cent permitted for overseas investments would also include over
-
డిసెం 17, 1997RBI announces two further measures in respect of Foreign Exchange MarketReserve Bank of India has announced to-day two further measures in respect of foreign exchange market. Until further notice, in respect of Overdue export bills, banks will charge, with effect from December 18, 1997, interest at 20 per cent per annum (minimum). Overdue export bills are those which are not realised within the due date, taking into account usance period of the bill, transit period, as specified by Foreign Exchange Dealers' Association of India (FEDAI) anReserve Bank of India has announced to-day two further measures in respect of foreign exchange market. Until further notice, in respect of Overdue export bills, banks will charge, with effect from December 18, 1997, interest at 20 per cent per annum (minimum). Overdue export bills are those which are not realised within the due date, taking into account usance period of the bill, transit period, as specified by Foreign Exchange Dealers' Association of India (FEDAI) an
-
డిసెం 05, 1997Portfolio investment by FIIs/NRIs/OCBs - Purchase up to 30 per centThe equity shares and convertible debentures of the Gujarat Ambuja Cements Ltd. can now be purchased under the portfolio investment scheme subject to certain conditions. The company has since passed the necessary resolutions agreeing for the purchase of its equity shares and convertible debentures by foreign institutional investors/non-residents of Indian nationality/origin (NRIs) and overseas corporate bodies owned to the extent of at least 60 per cent by such personThe equity shares and convertible debentures of the Gujarat Ambuja Cements Ltd. can now be purchased under the portfolio investment scheme subject to certain conditions. The company has since passed the necessary resolutions agreeing for the purchase of its equity shares and convertible debentures by foreign institutional investors/non-residents of Indian nationality/origin (NRIs) and overseas corporate bodies owned to the extent of at least 60 per cent by such person
-
డిసెం 03, 1997Foreign Exchange Data from 17/11/97 to 21/11/97Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 17/11/97 264 79 14 31 49 32 917 1398 217 497 253 47 18/11/97 224 178 49 16 17 15 1198 991 148 304 109 12 19/11/97 189 73 63 7 15 12 834 1164 142 509 121 23 20/11/97 184 66 16 18 25 11 906 1270 145 485 213 15 21/11/97 226 98 41 8 34 20 675 986 145 496 122 77 SalPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 17/11/97 264 79 14 31 49 32 917 1398 217 497 253 47 18/11/97 224 178 49 16 17 15 1198 991 148 304 109 12 19/11/97 189 73 63 7 15 12 834 1164 142 509 121 23 20/11/97 184 66 16 18 25 11 906 1270 145 485 213 15 21/11/97 226 98 41 8 34 20 675 986 145 496 122 77 Sal
-
డిసెం 02, 1997Recent Developments in Foreign Exchange Markets - Package of MeasuresIn view of recent domestic and international developments which were affecting foreign exchange markets in India, the Reserve Bank of India had recently announced a package of measures. These included deferment of future programme for bringing about a reduction in cash reserve ratio (CRR), increase in interest rate on post-shipment rupee export credit, as well as ban on rebooking of cancelled forward contracts on non-trade transactions Taking into account developmentsIn view of recent domestic and international developments which were affecting foreign exchange markets in India, the Reserve Bank of India had recently announced a package of measures. These included deferment of future programme for bringing about a reduction in cash reserve ratio (CRR), increase in interest rate on post-shipment rupee export credit, as well as ban on rebooking of cancelled forward contracts on non-trade transactions Taking into account developments
-
నవం 26, 1997Investment by Foreign Institutional InvestorsThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of Infosys Technologies Limited. No further purchases of shares of this company should therefore, be made throgh stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs Alpana Killawal GeneraThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of Infosys Technologies Limited. No further purchases of shares of this company should therefore, be made throgh stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs Alpana Killawal Genera
-
నవం 26, 1997Interest rate on export credit beyond 90 days increasedTaking into account the developments in the external sector, the Reserve Bank of India has announced a two percentage point increase in the interest rate on the post shipment export credit for periods beyond 90 days and upto 180 days from the present 13 per cent to 15 per cent. The Reserve Bank of India has also said that this is a temporary measure taken to quicken the realisation of export proceeds and will be reviewed in the light of developments. Alpana Killawal GTaking into account the developments in the external sector, the Reserve Bank of India has announced a two percentage point increase in the interest rate on the post shipment export credit for periods beyond 90 days and upto 180 days from the present 13 per cent to 15 per cent. The Reserve Bank of India has also said that this is a temporary measure taken to quicken the realisation of export proceeds and will be reviewed in the light of developments. Alpana Killawal G
-
నవం 25, 1997Investment by FIIs/NRIs/OCBs under the Portfolio Investment SchemeNo further purchases of equity shares of Satyam Computer Services Ltd. should be made on behalf of foreign institutional investors (FIIs)/Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of this company by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment ScheNo further purchases of equity shares of Satyam Computer Services Ltd. should be made on behalf of foreign institutional investors (FIIs)/Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of this company by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Sche
-
నవం 25, 1997Investment by FIIs/NRIs/OCBs under the Portfolio Investment SchemeNo further purchases of equity shares of Satyam Computer Services Ltd. should be made on behalf of foreign institutional investors (FIIs)/Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of this company by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment ScheNo further purchases of equity shares of Satyam Computer Services Ltd. should be made on behalf of foreign institutional investors (FIIs)/Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) through stock exchange/s without obtaining the prior permission of the Reserve Bank of India. The aggregate net purchases of equity shares of this company by FIIs in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Sche
-
నవం 19, 1997Foreign Exchange Data from 03/11/97 to 07/11/97Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 03/11/97 195 54 41 19 27 19 434 672 48 491 201 25 04/11/97 173 57 42 9 35 22 288 657 48 600 218 23 05/11/97 185 54 38 16 38 11 382 761 93 583 158 25 06/11/97 212 109 29 15 31 25 540 1235 79 545 168 19 07/11/97 188 111 23 22 37 28 387 1160 132 688 165 153 SalesPurchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 03/11/97 195 54 41 19 27 19 434 672 48 491 201 25 04/11/97 173 57 42 9 35 22 288 657 48 600 218 23 05/11/97 185 54 38 16 38 11 382 761 93 583 158 25 06/11/97 212 109 29 15 31 25 540 1235 79 545 168 19 07/11/97 188 111 23 22 37 28 387 1160 132 688 165 153 Sales
-
నవం 11, 1997Portfolio Investment by FIIs/NRIs and OCBsInfosys Technologies Ltd. The Reserve Bank of India has withdrawn the restrictions on further purchase of shares of Infosys Technologies Ltd., Bangalore on behalf foreign institutional investors (FIIs)/ non-residents of Indian nationality/origin (NRIs) and overseas corporate bodies owned to the extent of at least 60 per cent by such persons (OCBs) under the portfolio investment scheme. The restrictions which were placed in October 1997 have been withdrawn as the perceInfosys Technologies Ltd. The Reserve Bank of India has withdrawn the restrictions on further purchase of shares of Infosys Technologies Ltd., Bangalore on behalf foreign institutional investors (FIIs)/ non-residents of Indian nationality/origin (NRIs) and overseas corporate bodies owned to the extent of at least 60 per cent by such persons (OCBs) under the portfolio investment scheme. The restrictions which were placed in October 1997 have been withdrawn as the perce
-
నవం 04, 1997Foreign Exchange Data from 27/10/97 to 31/10/97Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 27/10/97 209 60 13 33 67 21 469 1105 150 645 171 51 28/10/97 222 116 64 16 66 76 392 1087 173 951 334 62 29/10/97 226 63 26 23 34 34 509 1074 275 521 479 30 31/10/97 205 85 39 9 38 39 534 761 68 441 285 36 Sales 27/10/97 363 136 30 37 68 19 416 959 142 702 171Purchases All Figures Are in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 27/10/97 209 60 13 33 67 21 469 1105 150 645 171 51 28/10/97 222 116 64 16 66 76 392 1087 173 951 334 62 29/10/97 226 63 26 23 34 34 509 1074 275 521 479 30 31/10/97 205 85 39 9 38 39 534 761 68 441 285 36 Sales 27/10/97 363 136 30 37 68 19 416 959 142 702 171
-
అక్టో 29, 1997Foreign Exchange Data from 13/10/97 to 17/10/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 13/10/97 161 54 22 15 36 16 292 355 39 527 100 21 14/10/97 190 38 14 7 17 9 416 655 54 618 290 33 15/10/97 222 45 25 11 22 12 427 726 48 551 152 13 16/10/97 203 45 11 16 38 12 351 673 43 633 170 29 17/10/97 226 65 43 20 41 31 496 704 56 964 172 27 Sales 13/10/97 146 76Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 13/10/97 161 54 22 15 36 16 292 355 39 527 100 21 14/10/97 190 38 14 7 17 9 416 655 54 618 290 33 15/10/97 222 45 25 11 22 12 427 726 48 551 152 13 16/10/97 203 45 11 16 38 12 351 673 43 633 170 29 17/10/97 226 65 43 20 41 31 496 704 56 964 172 27 Sales 13/10/97 146 76
-
అక్టో 21, 1997Foreign Exchange Data from 06/10/97 to 10/10/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 06/10/97 238 70 36 7 16 16 361 965 70 649 164 29 07/10/97 229 97 13 43 28 20 413 854 79 720 128 17 08/10/97 207 44 22 40 34 18 313 888 78 646 128 67 09/10/97 162 62 8 21 22 5 252 786 86 553 126 42 10/10/97 148 56 19 12 31 15 444 830 103 731 82 24 Sales 06/10/97 234 88Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 06/10/97 238 70 36 7 16 16 361 965 70 649 164 29 07/10/97 229 97 13 43 28 20 413 854 79 720 128 17 08/10/97 207 44 22 40 34 18 313 888 78 646 128 67 09/10/97 162 62 8 21 22 5 252 786 86 553 126 42 10/10/97 148 56 19 12 31 15 444 830 103 731 82 24 Sales 06/10/97 234 88
-
అక్టో 18, 1997Portfolio Investment by FIIs/NRIs and OCBs - Purchase up to 30 per centThe Reserve Bank of India has announced that equity shares and covertible debentures of the following companies can now be purchased under the portfolio investment scheme up to 30 per cent of their paid up equity capital, subject to certain conditions: Asian Paints (India) Ltd. The Paper Products Ltd. Orchid Chemicals and Pharmaceuticals Ltd. Polypex Corporation Ltd. The above companies have passed resolutions at their board of directors and general body meetings agreThe Reserve Bank of India has announced that equity shares and covertible debentures of the following companies can now be purchased under the portfolio investment scheme up to 30 per cent of their paid up equity capital, subject to certain conditions: Asian Paints (India) Ltd. The Paper Products Ltd. Orchid Chemicals and Pharmaceuticals Ltd. Polypex Corporation Ltd. The above companies have passed resolutions at their board of directors and general body meetings agre
-
అక్టో 14, 1997Investment by Foreign Institutional Investors - Monitoring of overall ceilingInfosys Technologies Limited has already reached the overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. (Alpana Killawala) General Manager PressInfosys Technologies Limited has already reached the overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. (Alpana Killawala) General Manager Press
-
అక్టో 06, 1997Foreign Exchange Data from 22/09/97 to 26/09/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 22/09/97 248 46 10 34 31 22 373 835 140 791 185 33 23/09/97 179 68 16 23 24 26 394 598 47 712 127 18 24/09/97 270 50 32 32 60 31 484 1016 59 980 243 25 25/09/97 236 72 80 41 44 28 512 1173 102 810 337 24 26/09/97 256 81 36 36 74 67 604 1060 143 1180 397 42 Sales 22/09/Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 22/09/97 248 46 10 34 31 22 373 835 140 791 185 33 23/09/97 179 68 16 23 24 26 394 598 47 712 127 18 24/09/97 270 50 32 32 60 31 484 1016 59 980 243 25 25/09/97 236 72 80 41 44 28 512 1173 102 810 337 24 26/09/97 256 81 36 36 74 67 604 1060 143 1180 397 42 Sales 22/09/
-
అక్టో 06, 1997Investment by Foreign Institutional Investors - Monitoring ceilingThe Reserve Bank of India has withdrawn the restrictions placed on the purchase of shares of the Mahavir Spinning Mills Ltd. on behalf of FIIs/NRIs/OCBs under the portfolio investment scheme, as the percentage of investments of FIIs/NRIs/OCBs to the paid up capital of the company has come down below 20 per cent. The holdings of FIIs/NRIs/OCBs in the Mahavir Spinning Mills Ltd. have come down below 20 per cent as a result of increase in the company's paid up capital. TThe Reserve Bank of India has withdrawn the restrictions placed on the purchase of shares of the Mahavir Spinning Mills Ltd. on behalf of FIIs/NRIs/OCBs under the portfolio investment scheme, as the percentage of investments of FIIs/NRIs/OCBs to the paid up capital of the company has come down below 20 per cent. The holdings of FIIs/NRIs/OCBs in the Mahavir Spinning Mills Ltd. have come down below 20 per cent as a result of increase in the company's paid up capital. T
-
అక్టో 04, 1997Investment by Foreign Institutional Investors - Monitoring ceilingThe Reserve Bank of India has withdrawn the restrictions placed on further purchase of shares of M/s. Infosys Technologies Ltd., Bangalore by FIIs/NRIs/OCBs under the Portfolio Investment Scheme. It has conveyed that as the percentage of FIIs/NRIs/OCBs investment in the company has reached 26 per cent of its paid up capital, further purchases of equity shares of the company on behalf of FIIs/NRIs/OCBs will be allowed only after obtaining prior clearance from the ReserThe Reserve Bank of India has withdrawn the restrictions placed on further purchase of shares of M/s. Infosys Technologies Ltd., Bangalore by FIIs/NRIs/OCBs under the Portfolio Investment Scheme. It has conveyed that as the percentage of FIIs/NRIs/OCBs investment in the company has reached 26 per cent of its paid up capital, further purchases of equity shares of the company on behalf of FIIs/NRIs/OCBs will be allowed only after obtaining prior clearance from the Reser
-
అక్టో 03, 1997Investment by Foreign Institutional Investors - Overall ceilingGujarat Ambuja Cements Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs. (Alpana Killawala) General Manager PressGujarat Ambuja Cements Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs. (Alpana Killawala) General Manager Press
-
సెప్టెం 24, 1997Foreign Exchange Data from 15/09/97 to 19/09/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 15/09/97 197 58 18 21 39 27 389 735 61 1131 119 23 16/09/97 196 52 15 17 41 21 357 700 51 1455 318 28 17/09/97 202 92 24 17 21 16 478 833 164 1396 105 11 18/09/97 210 96 26 18 36 12 461 690 73 920 124 13 19/09/97 201 74 16 20 51 13 604 953 115 980 129 35 Sales 15/09/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 15/09/97 197 58 18 21 39 27 389 735 61 1131 119 23 16/09/97 196 52 15 17 41 21 357 700 51 1455 318 28 17/09/97 202 92 24 17 21 16 478 833 164 1396 105 11 18/09/97 210 96 26 18 36 12 461 690 73 920 124 13 19/09/97 201 74 16 20 51 13 604 953 115 980 129 35 Sales 15/09/97
-
సెప్టెం 24, 1997Investment by Foreign Institutional InvestorsOverall ceiling of 24 per cent Elgi Equipments Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs. Alert limit of 2Overall ceiling of 24 per cent Elgi Equipments Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme. No further purchases of shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors/NRIs/OCBs. Alert limit of 2
-
సెప్టెం 22, 1997Investment by FII/NRIs/OCBs Monitoring of overall ceilingThe aggregate net purchases of equity shares of the undernoted companies by Foreign Institutional Investors in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme have reached the limit of 20 per cent of paid us equity capital: BFL Software Ltd. Paper Products Ltd. Punjab Tractors Ltd. TVS Suzuki Motor Cycles Ltd. No further purchases of equity shares of these companies should be made by Foreign Institutional IThe aggregate net purchases of equity shares of the undernoted companies by Foreign Institutional Investors in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme have reached the limit of 20 per cent of paid us equity capital: BFL Software Ltd. Paper Products Ltd. Punjab Tractors Ltd. TVS Suzuki Motor Cycles Ltd. No further purchases of equity shares of these companies should be made by Foreign Institutional I
-
సెప్టెం 20, 1997Foreign Exchange Data from 08/09/97 to 12/09/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/09/97 214 70 57 20 35 21 1208 1787 321 954 174 20 09/09/97 164 81 18 26 48 25 965 1112 173 1072 127 26 10/09/97 250 79 35 18 27 12 779 1307 123 730 158 14 11/09/97 171 54 4 12 27 11 524 833 98 969 139 12 12/09/97 201 72 21 19 29 26 524 940 131 1002 287 16 Sales 08/0Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 08/09/97 214 70 57 20 35 21 1208 1787 321 954 174 20 09/09/97 164 81 18 26 48 25 965 1112 173 1072 127 26 10/09/97 250 79 35 18 27 12 779 1307 123 730 158 14 11/09/97 171 54 4 12 27 11 524 833 98 969 139 12 12/09/97 201 72 21 19 29 26 524 940 131 1002 287 16 Sales 08/0
-
సెప్టెం 20, 1997Investment by Foreign Institutional InvestorsInvestment by Foreign Institutional Investors Wartsila Diesel India Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme. No further purchases of equity shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors / NRIsInvestment by Foreign Institutional Investors Wartsila Diesel India Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme. No further purchases of equity shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors / NRIs
-
సెప్టెం 17, 1997Foreign Exchange Data from 01/09/97 to 05/09/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 01/09/97 319 110 27 16 31 12 540 630 117 843 131 12 02/09/97 200 132 50 18 28 14 805 1073 231 1024 144 33 03/09/97 225 53 21 23 43 22 548 811 192 971 197 5 04/09/97 201 77 40 28 77 25 1143 1247 177 1383 158 56 05/09/97 160 59 4 38 45 13 708 980 190 655 159 10 Sales 01/Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 01/09/97 319 110 27 16 31 12 540 630 117 843 131 12 02/09/97 200 132 50 18 28 14 805 1073 231 1024 144 33 03/09/97 225 53 21 23 43 22 548 811 192 971 197 5 04/09/97 201 77 40 28 77 25 1143 1247 177 1383 158 56 05/09/97 160 59 4 38 45 13 708 980 190 655 159 10 Sales 01/
-
సెప్టెం 15, 1997Investment by Foreign Institutional InvestorsThe Digital Equipment (India) Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme. No further purchases of equity shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors / NRIs / OCBs. (Alpana Killawala) General ManThe Digital Equipment (India) Ltd. has already reached the overall ceiling of 24 per cent of paid up equity capital permitted to be held by all registered Foreign Institutional Investors together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme. No further purchases of equity shares of this company should, therefore, be made through stock exchanges in India on behalf of Foreign Institutional Investors / NRIs / OCBs. (Alpana Killawala) General Man
-
సెప్టెం 12, 1997RBI announces measures relating to foreign exchange inflowsThe Reserve Bank of India has today announced a one percentage point reduction in interest rates on post-shipment rupee export credit and freedom to banks to fix interest rates on non-resident (external) (NRE) rupee deposits. The Reserve Bank has also clarified that the proceeds of external commercial borrowings (ECBs) and global depository receipts (GDR), which are retained abroad or held in foreign currency account in India can be sold forward. The details of the meThe Reserve Bank of India has today announced a one percentage point reduction in interest rates on post-shipment rupee export credit and freedom to banks to fix interest rates on non-resident (external) (NRE) rupee deposits. The Reserve Bank has also clarified that the proceeds of external commercial borrowings (ECBs) and global depository receipts (GDR), which are retained abroad or held in foreign currency account in India can be sold forward. The details of the me
-
సెప్టెం 10, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/6/97 250 63 6 10 32 14 329 634 70 621 152 13 24/6/97 198 78 32 7 36 20 265 509 74 589 172 11 25/6/97 262 69 25 23 37 23 333 850 92 634 318 16 26/6/97 259 117 18 11 22 13 443 738 206 559 143 19 27/6/97 257 119 22 10 44 35 582 784 171 452 196 10 Sales 23/6/97 269 32 8 10 27 11 345 545 1Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 23/6/97 250 63 6 10 32 14 329 634 70 621 152 13 24/6/97 198 78 32 7 36 20 265 509 74 589 172 11 25/6/97 262 69 25 23 37 23 333 850 92 634 318 16 26/6/97 259 117 18 11 22 13 443 738 206 559 143 19 27/6/97 257 119 22 10 44 35 582 784 171 452 196 10 Sales 23/6/97 269 32 8 10 27 11 345 545 1
-
ఆగ 22, 1997Foreign Exchange Data from 11/08/97 to 14/08/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 11/08/97 198 80 15 70 69 46 379 781 110 765 171 48 12/08/97 203 89 4 33 52 102 437 726 101 1261 345 65 13/08/97 240 94 9 16 45 30 394 673 108 1107 144 77 14/08/97 278 76 3 34 56 38 299 530 59 995 477 25 Sales 11/08/97 198 57 23 37 69 37 359 704 124 745 121 45 12/08/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 11/08/97 198 80 15 70 69 46 379 781 110 765 171 48 12/08/97 203 89 4 33 52 102 437 726 101 1261 345 65 13/08/97 240 94 9 16 45 30 394 673 108 1107 144 77 14/08/97 278 76 3 34 56 38 299 530 59 995 477 25 Sales 11/08/97 198 57 23 37 69 37 359 704 124 745 121 45 12/08/97
-
ఆగ 22, 1997Foreign Exchange Data from 25/08/97 to 27/08/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 25/08/97 123 53 21 19 30 16 583 854 702 346 98 33 26/08/97 257 169 48 25 59 34 614 1187 519 1072 406 30 27/08/97 250 113 56 9 39 22 529 1141 271 643 391 42 Sales 25/08/97 140 199 43 19 28 31 462 723 535 334 188 35 26/08/97 304 295 36 25 59 37 574 1183 371 1083 399 30 2Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 25/08/97 123 53 21 19 30 16 583 854 702 346 98 33 26/08/97 257 169 48 25 59 34 614 1187 519 1072 406 30 27/08/97 250 113 56 9 39 22 529 1141 271 643 391 42 Sales 25/08/97 140 199 43 19 28 31 462 723 535 334 188 35 26/08/97 304 295 36 25 59 37 574 1183 371 1083 399 30 2
-
ఆగ 21, 1997Foreign Exchange Data from 04/08/97 to 08/08/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 04/08/97 393 154 5 26 44 22 817 912 175 959 357 50 05/08/97 228 167 22 26 40 26 617 1026 154 895 119 14 06/08/97 216 90 5 10 63 34 518 829 129 1175 174 43 07/08/97 245 87 14 31 81 59 481 904 82 1399 166 13 08/08/97 215 103 12 27 58 37 301 679 80 1094 260 37 Sales 04/08Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 04/08/97 393 154 5 26 44 22 817 912 175 959 357 50 05/08/97 228 167 22 26 40 26 617 1026 154 895 119 14 06/08/97 216 90 5 10 63 34 518 829 129 1175 174 43 07/08/97 245 87 14 31 81 59 481 904 82 1399 166 13 08/08/97 215 103 12 27 58 37 301 679 80 1094 260 37 Sales 04/08
-
ఆగ 20, 1997RBI Clarification on Exchange RateThe Economic Times issue of August 20, 1997 in a front page article attributes to the Prime Minister the view that the Government would shortly fix a band to signal the exchange rate of the rupee in relation to the US dollar. This report is misleading. It is clarified that while the Committee on Capital Account Convertibility had recommended a band in relation to a neutral real effective exchange rate, no decision in this regard has been taken by the Government and thThe Economic Times issue of August 20, 1997 in a front page article attributes to the Prime Minister the view that the Government would shortly fix a band to signal the exchange rate of the rupee in relation to the US dollar. This report is misleading. It is clarified that while the Committee on Capital Account Convertibility had recommended a band in relation to a neutral real effective exchange rate, no decision in this regard has been taken by the Government and th
-
ఆగ 13, 1997Foreign Investment in Indian CompaniesThe Reserve Bank of India has advised that no further purchases of shares of Infosys Ltd. and Carrier Aircon Ltd. should be made through Stock Exchanges in India on behalf on Foreign Institutional Investors (FIIs)/Non resident Indians (NRIs) / Overseas Corporate Bodies (OCBs). According to the Reserve Bank, the overall ceiling of foreign investments including registeres FIIs, NRIs and OCBs under the portfolio investment scheme in the equity capital was permitted uptoThe Reserve Bank of India has advised that no further purchases of shares of Infosys Ltd. and Carrier Aircon Ltd. should be made through Stock Exchanges in India on behalf on Foreign Institutional Investors (FIIs)/Non resident Indians (NRIs) / Overseas Corporate Bodies (OCBs). According to the Reserve Bank, the overall ceiling of foreign investments including registeres FIIs, NRIs and OCBs under the portfolio investment scheme in the equity capital was permitted upto
-
ఆగ 12, 1997Foreign Exchange Data from 28/07/97 to 01/08/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 28/07/97 309 87 12 14 71 31 300 549 35 1139 324 41 29/07/97 260 111 23 9 50 48 328 539 45 1324 395 65 30/07/97 192 78 21 6 50 56 267 580 66 1424 197 43 31/07/97 241 56 9 6 67 33 304 676 46 1127 194 51 01/08/97 234 121 34 14 59 40 630 911 138 828 144 31 Sales 28/07/97 2Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 28/07/97 309 87 12 14 71 31 300 549 35 1139 324 41 29/07/97 260 111 23 9 50 48 328 539 45 1324 395 65 30/07/97 192 78 21 6 50 56 267 580 66 1424 197 43 31/07/97 241 56 9 6 67 33 304 676 46 1127 194 51 01/08/97 234 121 34 14 59 40 630 911 138 828 144 31 Sales 28/07/97 2
-
ఆగ 12, 1997Investment by Foreign Institutional Investors - Monitoring of overall ceilingThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of Mastek Ltd. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. Alpana Killawala General Manager PressThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of Mastek Ltd. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. Alpana Killawala General Manager Press
-
ఆగ 11, 1997Forward Cover for FIIs in respect of their investments in debt instrumentsThe Reserve Bank of India has permitted authorised dealers in foreign exchange in India to provide forward cover to the Foreign Institutional Investors (FIIs) in respect of their investments in debt instruments. The extent of the cover would be limited to the current market value of the investments in debt instruments translated in dollar terms. The tenor of the cover shall not exceed the remaining period to maturity of the debt instruments in which the FII has investThe Reserve Bank of India has permitted authorised dealers in foreign exchange in India to provide forward cover to the Foreign Institutional Investors (FIIs) in respect of their investments in debt instruments. The extent of the cover would be limited to the current market value of the investments in debt instruments translated in dollar terms. The tenor of the cover shall not exceed the remaining period to maturity of the debt instruments in which the FII has invest
-
ఆగ 06, 1997Foreign Exchange Data from 21/07/97 to 25/07/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 21/07/97 316 112 1 9 29 10 390 598 65 526 285 8 22/07/97 228 91 9 15 43 30 308 496 65 1078 183 16 23/07/97 237 56 5 9 49 38 226 451 54 1066 163 20 24/07/97 208 85 23 9 38 16 285 544 49 971 124 22 25/07/97 246 65 6 15 41 15 258 403 35 725 211 35 Sales 21/07/97 265 36 16Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 21/07/97 316 112 1 9 29 10 390 598 65 526 285 8 22/07/97 228 91 9 15 43 30 308 496 65 1078 183 16 23/07/97 237 56 5 9 49 38 226 451 54 1066 163 20 24/07/97 208 85 23 9 38 16 285 544 49 971 124 22 25/07/97 246 65 6 15 41 15 258 403 35 725 211 35 Sales 21/07/97 265 36 16
-
ఆగ 01, 1997FI Investments in Mastek LtdThe Reserve Bank of India has notified that the aggregate net purchases of equity shares of Mastek Ltd. by Foreign Institutional Investors in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme have reached the limit of 26 per cent of paid up equity capital. No further purchases of equity shares of this company should be made without prior clearance of the Reserve Bank. Alpana Killawala General Manager Press ReThe Reserve Bank of India has notified that the aggregate net purchases of equity shares of Mastek Ltd. by Foreign Institutional Investors in the primary/secondary markets together with purchases made by NRIs/OCBs under the Portfolio Investment Scheme have reached the limit of 26 per cent of paid up equity capital. No further purchases of equity shares of this company should be made without prior clearance of the Reserve Bank. Alpana Killawala General Manager Press Re
-
జులై 30, 1997Foreign Exchange Data from 07/07/97 to 17/07/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 07/07/97 277 106 20 18 46 35 479 731 74 680 303 48 08/07/97 229 80 9 9 32 12 454 470 51 587 114 30 09/07/97 202 84 37 4 36 9 367 681 52 584 190 35 10/07/97 222 55 8 4 48 23 331 560 43 633 164 3 11/07/97 221 58 26 16 75 28 515 705 39 560 220 16 Sales 07/07/97 347 177 6Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 07/07/97 277 106 20 18 46 35 479 731 74 680 303 48 08/07/97 229 80 9 9 32 12 454 470 51 587 114 30 09/07/97 202 84 37 4 36 9 367 681 52 584 190 35 10/07/97 222 55 8 4 48 23 331 560 43 633 164 3 11/07/97 221 58 26 16 75 28 515 705 39 560 220 16 Sales 07/07/97 347 177 6
-
జులై 26, 1997Guidelines for Transactions in Government Securities by Foreign Institutional Investors (FIIs)As per Securities and Exchange Board of India Notification No. S.O.495(E) dated July 10, 1997 the 'transactions in Government Securities (by FIIs) shall be carried out in a manner specified by the Reserve Bank of India'. In this regard, in its guidelines dated March 8, 1997, the Reserve Bank of India had already specified the manner of transactions by authorised FIIs in dated Government Securities which are reproduced below: For the purpose of FII investment, dated GoAs per Securities and Exchange Board of India Notification No. S.O.495(E) dated July 10, 1997 the 'transactions in Government Securities (by FIIs) shall be carried out in a manner specified by the Reserve Bank of India'. In this regard, in its guidelines dated March 8, 1997, the Reserve Bank of India had already specified the manner of transactions by authorised FIIs in dated Government Securities which are reproduced below: For the purpose of FII investment, dated Go
-
జులై 23, 1997Foreign Exchange Data from 30/06/97 to 03/07/97Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 30/6/97 206 66 18 13 52 21 248 520 37 472 194 15 01/07/97 219 79 15 14 25 26 336 765 94 427 162 18 02/07/97 210 97 6 8 28 11 425 440 96 437 174 43 03/07/97 335 51 27 10 45 15 324 848 63 572 195 35 Sales 30/6/97 202 58 19 11 52 24 208 523 53 486 204 15 01/07/97 193 45 4Purchases Figures in USD Millions Merchant Interbank Position Date FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 30/6/97 206 66 18 13 52 21 248 520 37 472 194 15 01/07/97 219 79 15 14 25 26 336 765 94 427 162 18 02/07/97 210 97 6 8 28 11 425 440 96 437 174 43 03/07/97 335 51 27 10 45 15 324 848 63 572 195 35 Sales 30/6/97 202 58 19 11 52 24 208 523 53 486 204 15 01/07/97 193 45 4
-
జులై 17, 1997Investment by foreign institutional Investors - Monitoring of overall ceilingThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of the Housing Development Finance Corporation Ltd. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. PThe overall ceiling of 30 per cent of paid up equity capital permitted to be held by all registered foreign institutional investors together with purchases made by all NRIs and OCBs under the Portfolio Investment Scheme has already been reached in the case of the Housing Development Finance Corporation Ltd. Therefore, no further purchases of shares of this company should be made through stock exchanges in India on behalf of foreign institutional investors/NRIs/OCBs. P
-
జులై 15, 1997Permission to hold assets abroad under VDIS: Procedure for FERA clearanceThe Government of India has introduced the Voluntary Disclosure of Income Scheme (VDIS), 1997 as indicated in Chapter IV of the Finance Act, 1997. Those wishing to take advantage of the scheme, are, inter alia, required to furnish details of the assets held by them, the name in which the assets are held and the amount. If the assets declared include assets held abroad then such declarants will be required to obtain permission under the provisions of the Foreign ExchanThe Government of India has introduced the Voluntary Disclosure of Income Scheme (VDIS), 1997 as indicated in Chapter IV of the Finance Act, 1997. Those wishing to take advantage of the scheme, are, inter alia, required to furnish details of the assets held by them, the name in which the assets are held and the amount. If the assets declared include assets held abroad then such declarants will be required to obtain permission under the provisions of the Foreign Exchan
-
జులై 07, 1997Investment by Foreign Institutional Investors - Ceiling of 24 per centCompanies in which foreign investment up to 30 per cent is allowed Mastek Limited Companies in which 26 per cent limit has been reached and require prior RBI clearance for further purchases Housing Development Finance Corporation Ltd. Infosys Technologies Ltd. The list of companies in which 24 per cent limit has been reached and no fresh purchases are allowed is as under: Shivalik Projects Ltd. Zee Telefilms Ltd. Satyam Computers Services Ltd. Polyplex Corporation LtdCompanies in which foreign investment up to 30 per cent is allowed Mastek Limited Companies in which 26 per cent limit has been reached and require prior RBI clearance for further purchases Housing Development Finance Corporation Ltd. Infosys Technologies Ltd. The list of companies in which 24 per cent limit has been reached and no fresh purchases are allowed is as under: Shivalik Projects Ltd. Zee Telefilms Ltd. Satyam Computers Services Ltd. Polyplex Corporation Ltd
-
జులై 07, 1997Investment by Foreign Institutional Investors - Ceiling of 24 per centCompanies in which foreign investment up to 30 per cent is allowed Mastek Limited Companies in which 26 per cent limit has been reached and require prior RBI clearance for further purchases Housing Development Finance Corporation Ltd. Infosys Technologies Ltd. The list of companies in which 24 per cent limit has been reached and no fresh purchases are allowed is as under: Shivalik Projects Ltd. Zee Telefilms Ltd. Satyam Computers Services Ltd. Polyplex Corporation LtdCompanies in which foreign investment up to 30 per cent is allowed Mastek Limited Companies in which 26 per cent limit has been reached and require prior RBI clearance for further purchases Housing Development Finance Corporation Ltd. Infosys Technologies Ltd. The list of companies in which 24 per cent limit has been reached and no fresh purchases are allowed is as under: Shivalik Projects Ltd. Zee Telefilms Ltd. Satyam Computers Services Ltd. Polyplex Corporation Ltd
-
జులై 03, 1997Foreign exchange rules relaxedThe Reserve Bank of India has substantially liberalised rules for release of foreign exchange for activities such as employment and basic travel quota (BTQ). The Reserve Bank has also significantly enhanced the powers of authorised dealers(ADs) in release of exchange and simplified the procedure for certain trade related activities. In terms of these enhanced powers, ADs can now release foreign exchange: up to US$ 3,000 per person towards basic travel quota. up to US$The Reserve Bank of India has substantially liberalised rules for release of foreign exchange for activities such as employment and basic travel quota (BTQ). The Reserve Bank has also significantly enhanced the powers of authorised dealers(ADs) in release of exchange and simplified the procedure for certain trade related activities. In terms of these enhanced powers, ADs can now release foreign exchange: up to US$ 3,000 per person towards basic travel quota. up to US$
-
జులై 02, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/6/97 256 70 9 5 37 29 416 553 98 813 170 21 17/6/97 149 57 5 16 31 8 229 395 43 874 197 12 18/6/97 164 65 2 13 32 28 231 401 47 977 288 25 19/6/97 214 65 7 6 34 15 278 575 52 596 134 23 20/6/97 203 56 8 19 27 23 242 626 62 670 177 15 Sales 16/6/97 183 40 7 5 36 27 446 580 59 821 168 2Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/6/97 256 70 9 5 37 29 416 553 98 813 170 21 17/6/97 149 57 5 16 31 8 229 395 43 874 197 12 18/6/97 164 65 2 13 32 28 231 401 47 977 288 25 19/6/97 214 65 7 6 34 15 278 575 52 596 134 23 20/6/97 203 56 8 19 27 23 242 626 62 670 177 15 Sales 16/6/97 183 40 7 5 36 27 446 580 59 821 168 2
-
జులై 02, 1997Monitoring Foreign Investments in Indian CompaniesThe aggregate net purchases of equity shares of the Housing Development Finance Corporation Ltd. and Infosys Technologies Ltd. by Foreign Institutional Investors (FIIs) in the primary/secondary markets together with purchases made by Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) under the Portfolio Investment Scheme have heached the limit of 26 per cent of their paid up equity capital. The Reserve Bank of India has, therefore conveyed that no further puThe aggregate net purchases of equity shares of the Housing Development Finance Corporation Ltd. and Infosys Technologies Ltd. by Foreign Institutional Investors (FIIs) in the primary/secondary markets together with purchases made by Non-Resident Indians (NRIs)/Overseas Corporate Bodies (OCBs) under the Portfolio Investment Scheme have heached the limit of 26 per cent of their paid up equity capital. The Reserve Bank of India has, therefore conveyed that no further pu
-
జులై 01, 1997NRI / OCB Investment in sick Industrial unitsIn order to encourage investment by NRIs/OCBs under the sick unit scheme and also to further simplify the norms prescribed under the scheme, it has been decided to permit NRIs/OCBs to invest up to 100 per cent of equity capital of a sick company either by purchase of equity shares from the existing shareholders or in the form of subscription to the new equity issue of the sick company subject to the condition that the company is declared as sick or a rehabilitation prIn order to encourage investment by NRIs/OCBs under the sick unit scheme and also to further simplify the norms prescribed under the scheme, it has been decided to permit NRIs/OCBs to invest up to 100 per cent of equity capital of a sick company either by purchase of equity shares from the existing shareholders or in the form of subscription to the new equity issue of the sick company subject to the condition that the company is declared as sick or a rehabilitation pr
-
జూన్ 27, 1997Portfolio Investment by Foreign Investors - Purchase up to 30 per centApropos the Government of India raising the celling for portfolio investment for foreign investors in Indian companies from 24 per cent to 30 per cent, the Reserve Bank of India has allowed purchase of equity shares and convertible debentures of the Housing Development Finance Corporation Ltd. up to 30 per cent of its paid up capital. Earlier, the Reserve Bank had allowed the purchase of equity shares and convertible debentures of Infosys Technologies Ltd., Housing DeApropos the Government of India raising the celling for portfolio investment for foreign investors in Indian companies from 24 per cent to 30 per cent, the Reserve Bank of India has allowed purchase of equity shares and convertible debentures of the Housing Development Finance Corporation Ltd. up to 30 per cent of its paid up capital. Earlier, the Reserve Bank had allowed the purchase of equity shares and convertible debentures of Infosys Technologies Ltd., Housing De
-
జూన్ 24, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 9/6/97 239 92 13 38 64 48 354 411 49 984 211 41 10/6/97 159 83 8 3 62 13 282 379 45 793 250 38 11/6/97 235 102 23 6 55 20 582 425 56 770 185 19 12/6/97 210 142 23 24 30 28 595 502 62 694 226 21 13/6/97 274 70 3 11 24 32 458 502 62 694 226 21 Sales 9/6/97 206 40 17 38 81 85 288 429 58 979Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 9/6/97 239 92 13 38 64 48 354 411 49 984 211 41 10/6/97 159 83 8 3 62 13 282 379 45 793 250 38 11/6/97 235 102 23 6 55 20 582 425 56 770 185 19 12/6/97 210 142 23 24 30 28 595 502 62 694 226 21 13/6/97 274 70 3 11 24 32 458 502 62 694 226 21 Sales 9/6/97 206 40 17 38 81 85 288 429 58 979
-
జూన్ 18, 1997Portfolio Investment by Foreign Investors - Purchase up to 30 per centApropos the Government of India raising the ceiling for portfolio investment for foreign investors in Indian companies from 24 per cent to 30 per cent, the Reserve Bank of India has allowed purchase of equity shares and convertible debentures of Infosys Technologies Limited up to 30% of its paid up capital. It may be recalled that the Government of India by its press release No.14/11/96-NRI dated April 4, 1997 raised the portfolio investment ceiling for all foreign inApropos the Government of India raising the ceiling for portfolio investment for foreign investors in Indian companies from 24 per cent to 30 per cent, the Reserve Bank of India has allowed purchase of equity shares and convertible debentures of Infosys Technologies Limited up to 30% of its paid up capital. It may be recalled that the Government of India by its press release No.14/11/96-NRI dated April 4, 1997 raised the portfolio investment ceiling for all foreign in
-
జూన్ 09, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/5/97 231 71 5 20 31 9 277 383 26 529 137 67 19/5/97 299 55 13 23 19 11 386 368 74 513 72 49 20/5/97 182 69 1 7 38 14 247 343 83 727 147 18 21/5/97 185 84 5 5 65 18 297 491 79 792 110 27 23/5/97 269 76 6 22 72 31 381 585 49 605 149 69 Sales 16/5/97 156 27 2 20 31 10 356 374 28 533 137Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/5/97 231 71 5 20 31 9 277 383 26 529 137 67 19/5/97 299 55 13 23 19 11 386 368 74 513 72 49 20/5/97 182 69 1 7 38 14 247 343 83 727 147 18 21/5/97 185 84 5 5 65 18 297 491 79 792 110 27 23/5/97 269 76 6 22 72 31 381 585 49 605 149 69 Sales 16/5/97 156 27 2 20 31 10 356 374 28 533 137
-
జూన్ 04, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/5/97 231 71 5 20 31 9 277 383 26 529 137 67 19/5/97 299 55 13 23 19 11 386 368 74 513 72 49 20/5/97 182 69 1 7 38 14 247 343 83 727 147 18 21/5/97 185 84 5 5 65 18 297 491 79 792 110 27 23/5/97 269 76 6 22 72 31 381 585 49 605 149 69 Sales 16/5/97 156 27 2 20 31 10 356 374 28 533 137Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 16/5/97 231 71 5 20 31 9 277 383 26 529 137 67 19/5/97 299 55 13 23 19 11 386 368 74 513 72 49 20/5/97 182 69 1 7 38 14 247 343 83 727 147 18 21/5/97 185 84 5 5 65 18 297 491 79 792 110 27 23/5/97 269 76 6 22 72 31 381 585 49 605 149 69 Sales 16/5/97 156 27 2 20 31 10 356 374 28 533 137
-
మే 19, 1997Foreign Exchange Turnover DataPurchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 2/4/97 314 112 14 9 33 21 489 984 69 924 334 20 3/4/97 267 73 32 5 12 13 354 552 33 628 144 12 4/4/97 232 92 16 7 23 17 356 946 74 613 152 20 7/4/97 290 70 21 8 35 35 341 870 136 752 175 36 8/4/97 29 5 1 6 7 6 24 25 1 44 17 4 9/4/97 237 58 8 14 43 30 376 841 75 736 221 32 10/4/97 191 57Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 2/4/97 314 112 14 9 33 21 489 984 69 924 334 20 3/4/97 267 73 32 5 12 13 354 552 33 628 144 12 4/4/97 232 92 16 7 23 17 356 946 74 613 152 20 7/4/97 290 70 21 8 35 35 341 870 136 752 175 36 8/4/97 29 5 1 6 7 6 24 25 1 44 17 4 9/4/97 237 58 8 14 43 30 376 841 75 736 221 32 10/4/97 191 57
-
మే 13, 1997Data on turnover in Forex MarketThe market purchases of spot dollars in respect of merchant transactions were US$ 4225 million, 4030 million and 5145 million during January, February and March 1997, respectively. The inter bank purchases of spot dollars were US$ 6674 million, 6627 million and 8027 million, respectively, during the same months. The market sales of spot dollars during these months were US$ 4044 million, 3805 million and 4250 million on merchant account and US$ 6702 million, 7159 milliThe market purchases of spot dollars in respect of merchant transactions were US$ 4225 million, 4030 million and 5145 million during January, February and March 1997, respectively. The inter bank purchases of spot dollars were US$ 6674 million, 6627 million and 8027 million, respectively, during the same months. The market sales of spot dollars during these months were US$ 4044 million, 3805 million and 4250 million on merchant account and US$ 6702 million, 7159 milli
-
మే 05, 1997Indian overseas Investments: Norms for Investment in Nepal relaxedTo facilitate Indian overseas investment in Nepal in Indian Rupees, Government of India, Ministry of Commerce have announced certain relaxations in the existing norms vide their notification issued on March 26, 1997. The relaxations are: Proposals for Indian Rupee investments in Nepal not exceeding Rs.25 crore will now be considered by the Reserve Bank of India under the Fast Track Route. Such proposals will be considered without any linkage to export/foreign exchangeTo facilitate Indian overseas investment in Nepal in Indian Rupees, Government of India, Ministry of Commerce have announced certain relaxations in the existing norms vide their notification issued on March 26, 1997. The relaxations are: Proposals for Indian Rupee investments in Nepal not exceeding Rs.25 crore will now be considered by the Reserve Bank of India under the Fast Track Route. Such proposals will be considered without any linkage to export/foreign exchange
-
మే 05, 1997Indian overseas Investments: Norms for Investment in Nepal relaxedThe Reserve Bank of India has decided to decentralise, to its regional offices, the work relating to grant of approval for foreign technical collaboration proposals. The proposals falling under the automatic route involve lump sum payment up to US$ 2 million, royalty - five per cent on domestic sales and eight per cent on exports - for a period of seven years from the date of commencement of commercial production or 10 years from the date of agreement, whichever is eaThe Reserve Bank of India has decided to decentralise, to its regional offices, the work relating to grant of approval for foreign technical collaboration proposals. The proposals falling under the automatic route involve lump sum payment up to US$ 2 million, royalty - five per cent on domestic sales and eight per cent on exports - for a period of seven years from the date of commencement of commercial production or 10 years from the date of agreement, whichever is ea
-
ఏప్రి 16, 1997RBI frees interest rates on FCNR(Banks) depositsPresently, the interest rates on Foreign Currency ( Non- Resident ) (Banks) (FCNR)(B) deposits are determined by the Reserve Bank Of India. In the Monetary and Credit policy for the first half of 1997-98 announced by the Governor of Reserve Bank Of India, the authorised dealers have been given more flexibility in regard to the fixation of interest rates on such deposits. Accordingly, banks may, now determine interest rates on FCNR(B) deposits, subject to a ceiling prePresently, the interest rates on Foreign Currency ( Non- Resident ) (Banks) (FCNR)(B) deposits are determined by the Reserve Bank Of India. In the Monetary and Credit policy for the first half of 1997-98 announced by the Governor of Reserve Bank Of India, the authorised dealers have been given more flexibility in regard to the fixation of interest rates on such deposits. Accordingly, banks may, now determine interest rates on FCNR(B) deposits, subject to a ceiling pre
-
ఏప్రి 09, 1997RBI decentralises grant of automatic approvalThe Reserve Bank of India has decided to decentralise, to its regional offices, the work relating to grant of approval for foreign technical collaboration proposals. The proposals falling under the automatic route involve lump sum payment up to US$ 2 million, royalty - five per cent on domestic sales and eight per cent on exports - for a period of seven years from the date of commencement of commercial production or 10 years from the date of agreement, whichever is eaThe Reserve Bank of India has decided to decentralise, to its regional offices, the work relating to grant of approval for foreign technical collaboration proposals. The proposals falling under the automatic route involve lump sum payment up to US$ 2 million, royalty - five per cent on domestic sales and eight per cent on exports - for a period of seven years from the date of commencement of commercial production or 10 years from the date of agreement, whichever is ea
-
మార్చి 25, 1997Foreign Exchange DataWe enclosing a statement showing merchant and inter-bank transactions in foreign exchange (spot/forward purchases and sales) during the first fortnight of May 1997, for due publicity. Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 2/5/97 231 74 12 4 38 24 371 840 51 1017 285 105 5/5/97 311 86 12 7 15 13 568 840 67 278 105 19 6/5/97 2We enclosing a statement showing merchant and inter-bank transactions in foreign exchange (spot/forward purchases and sales) during the first fortnight of May 1997, for due publicity. Purchases Figures in US$ MIO Merchant Interbank FCY/INR FCY/FCY FCY/INR FCY/FCY Spot Forward Forward Cancellation Spot Forward Forward Cancellation Spot Swap Forward Spot Swap Forward 2/5/97 231 74 12 4 38 24 371 840 51 1017 285 105 5/5/97 311 86 12 7 15 13 568 840 67 278 105 19 6/5/97 2
-
మార్చి 08, 1997RBI Guidelines for FII investment in dated Government SecuritiesAs a sequel to the Government's decision to permit Foreign Institutional Investors(FIIs) to invest in dated Government Securities, the Reserve Bank of India has announced the following guidelines for FIIs authorised to invest in dated Government Securities : For the purpose of FII investment, dated Government Securities would include dated securities of both Government of India and State Governments of all maturities, but would not include Treasury Bills. Investment iAs a sequel to the Government's decision to permit Foreign Institutional Investors(FIIs) to invest in dated Government Securities, the Reserve Bank of India has announced the following guidelines for FIIs authorised to invest in dated Government Securities : For the purpose of FII investment, dated Government Securities would include dated securities of both Government of India and State Governments of all maturities, but would not include Treasury Bills. Investment i
-
జన 22, 1997Information relating to companies reaching 24 per cent limit on foreign investmentThe Reserve Bank of India will now regularly release the names of companies which have reached 24 per cent limit on foreign investment and companies which are on the verge of reaching this limit. To begin with, the names will be released on the Reuters screen and the Reserve Bank of India's website on the Internet (address:http://www.reservebank.com). The decision has been taken to facilitate investments by foreign institutional investors(FIIs)/non resident Indians(NRThe Reserve Bank of India will now regularly release the names of companies which have reached 24 per cent limit on foreign investment and companies which are on the verge of reaching this limit. To begin with, the names will be released on the Reuters screen and the Reserve Bank of India's website on the Internet (address:http://www.reservebank.com). The decision has been taken to facilitate investments by foreign institutional investors(FIIs)/non resident Indians(NR
-
జన 16, 1997Foreign currency loans RBI to give approvals under USD 3 mio. SchemeCorporates and institutions which propose to raise foreign currency loans under the Foreign Currency - USD three million Scheme will now have to submit their applications for approval to the Reserve Bank of India. The applications will have to be made in Form ECB6, in duplicate, direct to the Chief General Manager, Exchange Control Department, IMD-II, Reserve Bank of India, Central Office, Mumbai 400001. Application forms (ECB6) are available with the regional officesCorporates and institutions which propose to raise foreign currency loans under the Foreign Currency - USD three million Scheme will now have to submit their applications for approval to the Reserve Bank of India. The applications will have to be made in Form ECB6, in duplicate, direct to the Chief General Manager, Exchange Control Department, IMD-II, Reserve Bank of India, Central Office, Mumbai 400001. Application forms (ECB6) are available with the regional offices
-
జన 01, 1997Holding of foreign currencies by residentsAt present, residents are permitted to hold foreign currencies up to US$ 500 or personal purposes, in addition to the equivalent of US$ 500 which is permitted to be held for numismatic purposes. This limit has now been enhanced to US$2000, including US$500 for numismatic purposes. Necessary notifications to give effect these changes are being issued. Alpana Killawala Deputy General Manager Press Release : 1996-97/357At present, residents are permitted to hold foreign currencies up to US$ 500 or personal purposes, in addition to the equivalent of US$ 500 which is permitted to be held for numismatic purposes. This limit has now been enhanced to US$2000, including US$500 for numismatic purposes. Necessary notifications to give effect these changes are being issued. Alpana Killawala Deputy General Manager Press Release : 1996-97/357
-
ఆగ 29, 2023RBI releases data on ECB/FCCB/RDB for July 2023The 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 July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/826The 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 July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/826
-
ఆగ 29, 2023Overseas Direct Investment for July 2023The 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 July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/824The 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 July 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/824
-
ఆగ 09, 2023Foreign Exchange Turnover Data: July 03 - July 07, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 03 - July 07, 2023. All Figures are in USD Millions PositionDate 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 Purchases 03-07-2023 4,344 918 1,111 156 163 93 16,342 14,149 2,083 6,214 1,800 472 04-07-2023 1,760 777 389 194 8The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 03 - July 07, 2023. All Figures are in USD Millions PositionDate 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 Purchases 03-07-2023 4,344 918 1,111 156 163 93 16,342 14,149 2,083 6,214 1,800 472 04-07-2023 1,760 777 389 194 8
-
ఆగ 09, 2023Foreign Exchange Turnover Data: July 10 - July 14, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 10 - July 14, 2023. 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 Purchases 10-07-2023 3,784 1,670 601 358 944 451 13,357 12,139 1,434 6,481 2,907 318 11-07-2023 3,636 1,353 823 1The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 10 - July 14, 2023. 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 Purchases 10-07-2023 3,784 1,670 601 358 944 451 13,357 12,139 1,434 6,481 2,907 318 11-07-2023 3,636 1,353 823 1
-
ఆగ 09, 2023Foreign Exchange Turnover Data: July 17 - July 21, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 17 - July 21, 2023. 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 Purchases 17-07-2023 3,980 766 535 184 116 54 11,977 9,653 575 6,162 2,347 178 18-07-2023 3,644 603 660 226 520 3The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 17 - July 21, 2023. 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 Purchases 17-07-2023 3,980 766 535 184 116 54 11,977 9,653 575 6,162 2,347 178 18-07-2023 3,644 603 660 226 520 3
-
ఆగ 09, 2023Foreign Exchange Turnover Data: July 24 - July 28, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 24 - July 28, 2023. 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 Purchases 24-07-2023 4,944 1,055 1,163 402 360 283 12,392 9,700 642 7,733 1,952 365 25-07-2023 4,325 1,211 810 25The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period July 24 - July 28, 2023. 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 Purchases 24-07-2023 4,944 1,055 1,163 402 360 283 12,392 9,700 642 7,733 1,952 365 25-07-2023 4,325 1,211 810 25
-
జులై 27, 2023RBI releases data on ECB/FCCB/RDB for June 2023The 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 June 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/654The 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 June 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/654
-
జులై 12, 2023Overseas Direct Investment for June 2023The 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 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/588The 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 2023. Ajit Prasad Director (Communications) Press Release: 2023-2024/588
-
జులై 07, 2023Foreign Exchange Turnover Data: June 26 - June 30, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 26 – June 30, 2023. 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 Purchases 26-06-2023 4,908 1,659 1,234 279 562 462 11,421 10,830 1,985 6,349 2,959 584 27-06-2023 8,008 3,528 2,6The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 26 – June 30, 2023. 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 Purchases 26-06-2023 4,908 1,659 1,234 279 562 462 11,421 10,830 1,985 6,349 2,959 584 27-06-2023 8,008 3,528 2,6
-
జులై 07, 2023Foreign Exchange Turnover Data: June 19 - June 23, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 19 – June 23, 2023. 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 Purchases 19-06-2023 2,375 2,078 464 165 284 158 10,981 5,218 956 6,016 1,049 224 20-06-2023 4,279 1,569 725 316The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 19 – June 23, 2023. 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 Purchases 19-06-2023 2,375 2,078 464 165 284 158 10,981 5,218 956 6,016 1,049 224 20-06-2023 4,279 1,569 725 316
-
జులై 07, 2023Foreign Exchange Turnover Data: June 12 - June 16, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 12 – June 16, 2023. 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 Purchases 12-06-2023 3,228 1,043 708 619 234 269 10,119 10,746 711 6,779 2,092 279 13-06-2023 3,720 1,214 951 287The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 12 – June 16, 2023. 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 Purchases 12-06-2023 3,228 1,043 708 619 234 269 10,119 10,746 711 6,779 2,092 279 13-06-2023 3,720 1,214 951 287
-
జులై 07, 2023Foreign Exchange Turnover Data: June 05 - June 09, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 05 – June 09, 2023. 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 Purchases 05-06-2023 3,417 1,357 928 350 205 204 10,835 12,370 2,002 5,829 2,009 307 06-06-2023 3,132 957 511 195The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period June 05 – June 09, 2023. 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 Purchases 05-06-2023 3,417 1,357 928 350 205 204 10,835 12,370 2,002 5,829 2,009 307 06-06-2023 3,132 957 511 195
-
జులై 07, 2023Foreign Exchange Turnover Data: May 29 - June 02, 2023The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 29 – June 02, 2023. 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 Purchases 29-05-2023 2,125 2,357 1,758 251 330 279 10,793 10,078 1,081 4,573 2,266 272 30-05-2023 3,974 1,956 1,15The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period May 29 – June 02, 2023. 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 Purchases 29-05-2023 2,125 2,357 1,758 251 330 279 10,793 10,078 1,081 4,573 2,266 272 30-05-2023 3,974 1,956 1,15
పేజీ చివరిగా అప్డేట్ చేయబడిన తేదీ: