Capital Account Convertibility

Nov 13, 2014 at 16:56 | Source:
Kemistar Corporation has board meeting will be held on November 19, 2014, to consider the following business:- To consider the proposal of Reduction of share Capital by writing off of losses and further issue of capital (in the form of convertible Warrants) on preferential basis subject to approval of the members and Hon'ble High Court of Gujarat.
Nov 12, 2014 at 09:59 | Source: CNBC-TV18
Rajan is unlikely to cut rates based on just the recent CPI data, which at the moment is backed by crude prices falling globally to a great extent, says Taimur Baig.
Nov 10, 2014 at 08:30 | Source: CNBC
China kicks off the data release with inflation indicators for the month of October due on Monday, followed by fixed asset investment (FAI), retail sales and industrial output for the same month on Thursday.
Nov 08, 2014 at 11:31 | Source:
State Bank of Bikaner and Jaipur has approved augmentation of capital by way of issue of Basel III compliant, unsecured, redeemable, non-convertible, subordinated Bonds for inclusion in Tier II capital aggregating to Rs 217 crore on private placement basis.
Nov 05, 2014 at 18:53 | Source: PTI
The final norms would be put in place after taking into account public comments on the proposal and amending existing regulations.
Nov 05, 2014 at 15:30 | Source: PTI
As per data compiled by capital market regulator Sebi, companies have raked in a total of Rs 18,818 crore in the first six months of the year, much lower than Rs 46,463 crore garnered in the entire 2013-14 fiscal.
Oct 30, 2014 at 18:45 | Source: PTI
The capital account deficit expanded to USD 81.6 billion (502 billion yuan) compared with USD 16.2 billion in the April-June period.
Oct 28, 2014 at 20:58 | Source: PTI
The decision follows passage of a special resolution at board of directors and shareholders to enhance the limit for the purchase of its equity shares and convertible debentures by FIIs.
Oct 18, 2014 at 09:18 | Source:
By: Ashish Gupta, Walker Chandiok & Co
Oct 12, 2014 at 13:02 | Source: PTI
Fund raising by listed companies through preferential allotments to investors plunged to a four year low of Rs 15,997 crore in April-August period, latest data available with the market regulator showed.
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Indian indices  

committee on capital account convertibility had to say in 1997 about the pre-conditions that must be met before abolishing capital controls : a gross fiscal deficit of 3.5 percent (by 1999-00), and an inflation rate of 3-5 percent for an average of at least three years, among other things. These targets

5.15 PM Sep 5th 2013


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Dear navin, RBI has voluminous regulations covering this subject matter (Capital Account Convertibility), and the best person to handle this is a practising Chartered Account, pls be guided by this professional`s advice alone. Regards

6.47 PM Dec 17th 2012

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Source:Bloomberg - China will make Qianhai, part of the Shenzhen economic zone, a test ground for freer yuan usage and capital account convertibility, the National Development and Reform Commission said today.

2.06 PM Jun 29th 2012

avin 57

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failed to appreciate that even for transactions outside the securities market, partial capital account convertibility complicates foreign exchange risks. Anti-money laundering initiatives such as KYC and the Basel Committee demands have required Banks to gear up their risk assessment. The above "no

10.15 AM Jun 23rd 2012

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Bank of India  

Source:The Hindu BusinessLine - New Delhi, April 15: The Reserve Bank of India Governor, Dr D. Subbarao, has said that India will “gradually” move towards capital account convertibility only after preconditions like fiscal consolidation are met.“There is no evidence (the world over) that capital

1.02 PM Apr 16th 2012

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Jan 11, 2014 at 16:52 | Source: The Hindu BusinessLine
Nov 16, 2013 at 05:22 | Source: Economic Times
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