RBI Cancels Certi of Regi of Fantasy Securities
Jan 31, 9:16 AM EST |
|
| The Reserve Bank of India, has on December 27, 2005 cancelled the certificate of registration granted to Fantasy Securities Private Limited, |
|
| The Reserve Bank of India, has on December 27, 2005 cancelled the certificate of registration granted to Fantasy Securities Private Limited, having its registered office at 13/386 D. Prabhu Rachna, Civil Lines, Kanpur-208001, Uttar Pradesh for carrying on the business of a non-banking financial institution. |
|
|
Full Story... |
RBI Reference Rate for US dollar and Euro
Jan 31, 9:21 AM EST |
|
| Reference Rate for the US dollar is Rs.44.0700 and Reference Rate for Euro is Rs.53.3200 on January 31, 2006. |
|
| The Reserve Bank of India’s Reference Rate for the US dollar is Rs.44.0700 and the Reference Rate for Euro is Rs.53.3200 on January 31, 2006. The corresponding rates for the previous day (January 30, 2006) were Rs.44.1400 and Rs.53.4300 respectively. |
|
|
Full Story... |
364 Day Treasury Bills Auction :
Jan 27, 9:24 AM EST |
|
| Rs.1000 crore under regular auction |
|
| The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.1000 crore under the regular auction calendar. The auction will be conducted using ''Multiple Price Auction'' method. |
|
|
Full Story... |
91 Day Treasury Bills Auction :
Jan 27, 9:36 AM EST |
|
| Rs.500 crore under regular auction |
|
| The Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.500 crore under the regular auction calendar. The auction will be conducted using ''Multiple Price Auction'' method. |
|
|
Full Story... |
RBI sets up a Committee for NE Region
Jan 25, 9:41 AM EST |
|
| The Committee would review the action taken so far for extending banking coverage and increasing the flow of credit in the North Eastern Region, |
|
| In order to achieve greater financial inclusion and provision of financial services in the North Eastern (NE) region and also to prepare an appropriate as well as monitorable action plan for the region, the Reserve Bank of India has set up a Committee under the Chairmanship of the Deputy Governor, Smt. Usha Thorat. |
|
|
Full Story... |
Enhancement of Banks’ Capital Raising Options
Jan 25, 10:27 AM EST |
|
| The feasibility of allowing banks to raise capital funds through the various instruments as allowed under Basel Capital Accord 1988 has been examined. |
|
| Taking this into consideration and with a view to providing banks in India additional options for raising capital funds, to meet both the increasing business requirements as well as the Basel II requirements within the existing legal framework, it has been decided that banks may augment their capital funds by issue of the following additional instruments: |
|
|
Full Story... |
Monitoring FIIs investment in Indian Companies
Jan 25, 10:32 AM EST |
|
| RBI has notified on Jan 25, 2006 that FIIs can now purchase under PIS equity shares and convertible debentures of the following companies |
|
| Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme(PIS)equity shares and convertible debentures of the following companies through primary markets and stock exchanges in India upto the percentage as shown against their names of their paid up capital, |
|
|
Full Story... |
RBI study on Role of Bank lending channel
Jan 25, 11:20 AM EST |
|
| RBI study on Role of Bank lending channel in Transmission of Monetary Policy |
|
| The Reserve Bank of India has today published a study titled ""Transmission of Monetary Policy and the Bank Lending Channel: Analysis and Evidence for India"" co-authored by Prof. B.L.Pandit of Delhi School of Economics along with three internal team members under the aegis of the Development Research Group (DRG). |
|
|
Full Story... |
RBI invites suggestions on the proposed PDS
Jan 25, 11:36 AM EST |
|
| RBI invites suggestions on the proposed ""Protected Disclosures Scheme for Private Sector and Foreign Banks"" |
|
| As a proactive measure to strengthen the financial stability and with a view to enhancing public confidence in the financial sector, the Reserve Bank of India proposes to introduce a scheme called ''Protected Disclosures Scheme for Private Sector and Foreign Banks''. |
|
|
Full Story... |
Ganesh Bank to operate as The Federal Bank
Jan 24, 11:49 AM EST |
|
| The Government of India has today sanctioned the Scheme for the amalgamation of The Ganesh Bank of Kurundwad Ltd., with The Federal Bank Ltd. |
|
| The amalgamation will come into force on January 25, 2006. All the branches of The Ganesh Bank of Kurundwad Ltd., will function as branches of The Federal Bank Ltd., with effect from this date. |
|
|
Full Story... |
|
|
1
