Investment by FIIS under PIS : IOL Broadband Ltd
Dec 29, 9:05 AM EST |
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| RBI has notified Dec. 29, 2006 that FIIs can now purchase under PIS equity shares and convertible debentures of IOL Broadband Ltd. |
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| FIIs can now purchase under PIS, through primary markets and stock exchanges in India upto 49 per cent of its paid up capital, as the company has passed resolutions to this effect at the Board of Directors'' and Extra Ordinary General Body Meetings. |
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364-day Treasury Bills auction :
Dec 29, 9:22 AM EST |
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| Rs.1000 crore under regular auction, Rs.1000 crore under MSS |
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| The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of Rs. 2000 crore (Rs.1000 crore under the regular auction calendar and Rs.1000 crore under the Market Stabilisation Scheme (MSS)). |
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91-day Treasury Bills auction :
Dec 29, 9:24 AM EST |
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| Rs.500 crore under regular auction, Rs.1500 crore under MSS |
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| The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of Rs.2000 crore (Rs. 500 crore under the regular auction calendar and Rs.1500 crore under the Market Stabilisation Scheme (MSS)). |
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Inv. by FIIS under PIS : Development Credit Bank
Dec 29, 9:30 AM EST |
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| RBI has notified Dec. 29, 2006 that FIIs can now purchase under PIS equity shares and convertible debentures of Development Credit Bank Ltd. |
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| The Reserve Bank of India has notified on December 29, 2006 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares of Development Credit Bank Ltd., through primary markets and stock exchanges in India upto 49 per cent of its paid up capital, |
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RBI Reference Rate for US dollar and Euro
Dec 29, 9:35 AM EST |
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| Reference Rate for the US dollar is Rs.44.23 and for Euro is Rs.58.26 on December 29, 2006. |
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| The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.23 and the Reference Rate for Euro is Rs.58.26 on December 29, 2006. The corresponding rates for the previous day (December 28, 2006) were Rs.44.36 and Rs.58.22 respectively. |
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RBI Cancels Certi of Regi of Maha Seer Invest.
Dec 29, 9:52 AM EST |
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| Under powers conferred by Section 45-IA (6) of the RBI Act, 1934, the Reserve Bank can cancel the Regi. Certi. of non-banking financial company. |
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| The Reserve Bank of India has on November 14, 2006 cancelled the certificate of registration granted to Maha Seer Investment Private Limited, New Delhi having its registered office at Flat No. 43, B - Block, Middle Circle, Connought Place, New Delhi - 110001 for carrying on the business of a non-banking financial institution..... |
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RBI releases State A Study of Budgets of 2006-07
Dec 27, 10:06 AM EST |
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| RBI today released ‘State Finances: A Study of Budgets of 2006-07’ |
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| The Reserve Bank of India (RBI) today released ‘State Finances: A Study of Budgets of 2006-07’ – a publication that provides data, analysis and assessment of finances of State Governments. |
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RBI Cancels Certi of Regi of Vikas Profin Ltd
Dec 26, 10:16 AM EST |
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| Under powers conferred by Section 45-IA (6) of the RBI Act, 1934, the Reserve Bank can cancel the Regi. Certi. of non-banking financial company. |
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| The Reserve Bank of India has on November 20, 2006 cancelled the certificate of registration granted to Vikas Profin Limited, New Delhi having its registered office at 34/1, Vikas Apartments, East Punjabi Bagh, New Delhi - 110026 for carrying on the business of a non-banking financial institution... |
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182-day Treasury Bills auction :
Dec 22, 10:19 AM EST |
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| Rs.500 crore under regular auction, Rs.1000 crore under MSS |
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| The Reserve Bank of India has announced the auction of 182-day Government of India Treasury Bills for notified amount of Rs. 1500 crore (Rs. 500 crore under the regular auction calendar and Rs. 1000 crore under the Market Stabilisation Scheme (MSS)). |
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