Capital Account Convertibility

Feb 26, 2015 at 11:49 | Source: CNBC-TV18
If there are concrete announcements on developing railway infrastructure, the market will probably take a cue from it as far as what to expect from the Union Budget is concerned, R Sreesankar, head-institutional equities, Prabhudas Lilladher says.
Feb 25, 2015 at 13:29 | Source:
Digjam at its meeting held on February 25, 2015, have decided to issue upto 10,00,000 Non-Convertible Redeemable Preference Shares of Rs. 100 each in one or more tranches aggregating to Rs. 10 rore out of the Authorised Preference Share Capital of the Company on Private Placement Basis.
Feb 24, 2015 at 16:31 | Source:
ECL Finance (ECLF), the NBFC arm of Edelweiss Financial Services Limited, has announced the public issue of secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1000 each. It plans to raise Rs 400 crore, with an option to retain over-subscription up to Rs 400 crore aggregating to a total of Rs 800 crore.
Feb 23, 2015 at 20:26 | Source:
Asya Infosoft will be held on February 27, 2015, to consider following matters Issue of Equity shares/Convertible warrants/Convertible debentures to promoters/corporate bodies/DIIs/FII and or to any other prospective investors as the Board may deem fit, pursuant to SEBI (Issue of Capital & Disclosures Requirement) Regulations, 2009.
Feb 23, 2015 at 19:30 | Source: PTI
The growth is expected to strengthen in 2015-16 mainly on account of a modest increase in occupancy and small traction in rates, ICRA said.
Feb 06, 2015 at 14:15 | Source: PTI
Mutual fund is an investment vehicle that is made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Industry experts said the monthly rise in AUM is largely on account of gains in equity markets and strong capital inflows
Feb 05, 2015 at 08:34 | Source: Reuters
Sahara's head of corporate finance, Sandeep Wadhwa, said Sahara's lawyers had verified with Bank of America that Saransh Sharma has deposited just over USD 1 billion in an account at the bank that is "earmarked for the said transaction." That account, however, doesn't appear to exist.
Jan 31, 2015 at 16:26 | Source: PTI
"Indian Overseas Bank has launched an issue of unsecured, non-convertible, additional Tier-I, basel III compliant perpetual bonds to the extent of Rs 1,000 crore, including an option of Rs 300 crore to augment additional Tier-I capital", the Chennai-based bank said in a statement.
Jan 29, 2015 at 12:31 | Source: Reuters
the Reserve Bank of India is keen to develop a wide range of derivatives products but with caution, like considering introducing bond futures in other maturities apart from 10-year maturity allowed now, said Reserve Bank of India deputy governor H R Khan.
Jan 28, 2015 at 14:49 | Source: PTI
We are very sure our capital adequacy rate will be maintained in the range of 11.25 to 11.50 per cent which is higher than the benchmark of 11 per cent mandated by our board and also RBI prescription, says SBH Managing Director Santanu Mukherjee.
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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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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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