Business As Usual in RBI
Sep 26, 1:47 AM EST |
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| Business As Usual in RBI on September 30, 2006 |
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| All the departments of the Reserve Bank of India in Mumbai and Navi Mumbai will conduct business as usual onSaturday, September 30, 2006. |
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Rate for US Dollar and Euro
Sep 25, 1:23 AM EST |
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| RBI Reference Rate for US Dollar and Euro |
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| The Reserve Bank of India’s Reference Rate for the US dollar is Rs.45.86 and
the Reference Rate for Euro is Rs.58.77 on September 25, 2006. The corresponding rates for the previous day (September 22, 2006) were Rs.45.94 and Rs.58.78 respectively. |
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91 Day Treasury Bills Auction
Sep 22, 9:29 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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364-day Treasury Bills Auction : Rs.1000 Crore
Sep 22, 10:04 AM EST |
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| 364-day Treasury Bills Auction : 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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Investment by FIIs-NRIs-PIOs Under PIS
Sep 21, 9:00 AM EST |
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| Centurion Bank of Punjab Ltd. : Investment by FIIs/NRIs/PIOs under PIS. |
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| The Reserve Bank of India on September 21, 2006 has notified that no further purchases of equity shares of Centurion Bank of Punjab Ltd., should be made on behalf of Foreign Institutional Investors (FIIs)/Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) under Porfolio Investment Scheme (PIS) through stock exchange/s in India. |
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Monitoring FIIs investment in Indian Companies
Sep 21, 8:29 AM EST |
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| FIIs investment in Indian Companies. |
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| The Reserve Bank of India has notified on September 21, 2006 that Foreign Institutional Investors (FIIs) can now purchase under Portfolio Investment Scheme (PIS) equity shares and convertible debentures of the following companies through primary/secondary markets in India upto the limits of their paid up capital shown against their names. |
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Monitoring of Investments by FIIs Under PIS
Sep 21, 8:51 AM EST |
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| Monitoring of Investments by FIIs under PIS : Hindustan Petroleum Corporation Ltd. (HPCL) |
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| Foreign Institutional Investors (FIIs) through secondary market in India under Portfolio Investment Scheme (PIS) would be allowed without prior clearance of the Reserve Bank. |
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