Capital Account Convertibility

Apr 21, 2015 at 10:08 | Source: PTI
In an interim order, dated September 21, 2011, IKF was barred from issuing equity shares or any other instrument convertible into equity shares or alter their capital structure in any manner till further directions.
Apr 20, 2015 at 13:34 | Source: PTI
According to the data available with capital markets regulator Sebi, the funds' investment in software or IT stocks stood at Rs 36,121 crore as on March 31, 2015, accounting for 10.02 per cent of their total equity assets under management (AUM) of Rs 3.6 lakh crore.
Apr 16, 2015 at 16:36 | Source:
Non-convertible debentures are held in d-mat form and hence offer many advantages over the traditional fixed deposits.
Apr 15, 2015 at 17:39 | Source: PTI
The Minister's statement assumes significance as Reserve Bank (RBI) Governor Raghuram Rajan had recently said that the central bank is looking at allowing full capital account convertibility in a few years.
Apr 14, 2015 at 15:50 | Source: PTI
Indian venture debt market, which is at a nascent stage, is expected to cross USD 1 billion on a cumulative basis in the next 5-7 years. India accounted for about four per cent of Temasek's net portfolio value based on underlying assets at the end of March 2014.
Apr 10, 2015 at 20:11 | Source: PTI
Full capital convertibility means a foreign investor can repatriate his money into his own local currency at will, which is not allowed in the country now.
Apr 06, 2015 at 13:35 | Source:
Visagar Polytex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 06, 2015, has considered, approved and decided the issue of Bonus Equity Shares in the ratio of 10:1 by way of capitalization of Free Reserves & Securities Premium Account subject to the approval of Members.
Apr 01, 2015 at 09:30 | Source:
Sustainable Agro commercial Finance Limited subsidiary of Jain Irrigation Systems, has successfully raised funds consisting of tier 1 and tier 2 capital aggregating Rs 112 crore, in a mix of Equity Shares at premium and long tenure debt (6 yrs) in form of 10% unsecured Non Convertible Listed Debentures (Rs.70 crs) yesterday.
Mar 30, 2015 at 23:35 | Source:
Kiri Industries in its meeting held on March 30, 2015 have approved allotment of 43,33,500, 0.15% Cumulative Non Convertible Redeemable Preference shares at an issue price of Rs. 15.00 per share (including premium of Rs. 5 per share) to Tata Capital Financial Services Limited.
Mar 26, 2015 at 14:25 | Source: PTI
Thakor failed to give necessary information including details of trading in the scrips of SEL, whether he was allotted any share of the company in the IPO (initial public offer) and copy of demat accounts among others sought by Sebi.
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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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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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