May 27, 2016 at 21:48 | Source: PTI
The country's forex reserves dipped by USD 121.3 million to USD 360.905 billion for the week ended May 20 on a fall in the core currency assets, the Reserve Bank said on May 27
May 27, 2016 at 19:22 | Source: PTI
"Representatives of FIs have informed that there are large number of financial accounts and it is practically very difficult to physically obtain the self-certification from the account holders. It has been requested to provide alternative channels to obtain self-certification," CBDT said in a statement.
May 27, 2016 at 11:35 | Source: Moneycontrol.com
The Reserve Bank of India has notified that Foreign Institutional Investors/Registered Foreign Portfolio Investors can now invest up to 26 percent of the paid up capital of DB Corp under the portfolio investment scheme.
May 26, 2016 at 18:46 | Source: PTI
As per norms, listed companies are admitted to issue additional shares to raise new capital to fund their business operations via qualified institutional placement, preferential issue, foreign currency convertible bonds, among others.
May 26, 2016 at 15:52 | Source: PTI
"The increase in limit will provide Yes Bank with significant enhanced flexibility in global capital raising, going forward. Yes Bank already has an enabling approval from its board of directors to raise an additional USD 1 billion of equity capital," the bank said in a statement today.
May 26, 2016 at 13:47 | Source: Moneycontrol.com
YES Bank has received approval from The Cabinet Committee of Economic Affairs for increase in foreign investment limit to 74 percent.
May 25, 2016 at 18:16 | Source: PTI
The Cabinet Committee on Economic Affairs today approved Yes Bank's proposal to increase foreign investment limit in the bank to 74 per cent, entailing FDI inflows of USD 1 billion (Rs 6,885 crore).
May 23, 2016 at 18:20 | Source: PTI
Extending its fall for the eighth straight session, the rupee on May 23 depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers
May 23, 2016 at 17:00 | Source: PTI
Shares of commodity bourse MCX settled with nearly 7 percent gains on May 23 after the Reserve Bank removed restriction imposed on overseas investors on buying equity shares in the Multi Commodity Exchange (MCX)
May 20, 2016 at 20:14 | Source: PTI
The Reserve Bank has allowed overseas investors to buy equity shares in Multi Commodity Exchange (MCX) after foreign shareholding in the bourse fellbelow the prescribed threshold caution limit