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India FOREX Reserve at All Time High of $ 352 Bn
  India FOREX Reserve All Time High of $ 352 Bn    Read  
  By: EktaPlace: New Delhi18 May 2015International Banking::ForexView 
   
India’s Forex Reserve at all-time high $330.21 bn
  Forex reserve of India climbed to its all time high of $330.21 bn on last week end day 6 February 2015    Read  
  By: Amit( Source: BS)Place: New Delhi13 Feb 2015International Banking::ForexView 
   
RBI brought down realisation period for exporters to 9 from 12 months
  Reserve Bank of India to increase foreign exchange inflows has reduced realisation period for exporters to 9months from earlier 12 months.    Read  
  By: Anurag (Source: Business Standard)Place: Mumbai24 Jul 2013International Banking::General BankingView 
   
RBI raises lending rate for banks by 2% and sucking up of Rs 12,000 crore
  Reserve bank of India announces fresh measures to tackle rupee volatility The measures came after high level meetings between the Prime Minister and the Finan..    Read  
  By: Anurag (Source: Business Standard)Place: Mumbai16 Jul 2013International Banking::ForexView 
   
Forex reserves drop third consecutive week, hit 3-year low
  Foreign exchange reserves of India in the first week of the month dropped to a three-year low of $280 billion on July 5, as per RBI data release.    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai13 Jul 2013International Banking::ForexView 
   
RBI campaign to promote awareness on provisions of FEMA
  Reserve Bank of India has launched campaign to promote awareness of the provisions of the Foreign Exchange Management Act (FEMA).    Read  
  By: Anurag (Source: Business Lines)Place: Vishakapatanam06 Jul 2013International Banking::General BankingView 
   
Karnataka Bank to offer an Internet-based online money transfer solution to NRIs
  Karnataka Bank to tap NRIs remittance business has offered online money transfer by tie-up with Times of Money.    Read  
  By: Anurag (Source: Business Lines)Place: Mangalore03 Jul 2013International Banking::General BankingView 
   
Foreign exchange reserves of India reduced by $2.81billion
  Foreign exchange reserves of India has further downed by by $2.81 billion to $287.84 billion as per RBI weekly data for the week ended June 21.    Read  
  By: Anurag (Source: Business Lines)Place: Mumbai29 Jun 2013International Banking::ForexView 
   
NRI remittance may boost due to Weak rupee
  Weak rupee means if non resident Indians (NRI) send remittance to India in their account or relatives they will get more Indian rupee therefore remittance in In..    Read  
  By: Anurag (Source: Economics Times)Place: Mumbai21 Jun 2013International Banking::ForexView 
   
RBI relaxed rules for forex option premium payment
  Reserve Bank of India has notify some relaxations in premium payment rules for banks on some forex options.    Read  
  By: Anurag (Source: Business line)Place: Mumbai18 Jun 2013International Banking::ForexView 
   
Foreign exchange reserves increased $1.78 billion to $289.67 billion
  Indias foreign exchange reserves has shown upward trend in the week ended June 7 after continuous declining in previous few weeks.    Read  
  By: Anurag ( Source: Business Lines)Place: Mumbai15 Jun 2013International Banking::ForexView 
   
RBI: SEZ units must realize and repatriate proceeds of export within 12 months
  Reserve Bank of India has taken some measures in view of declining trend of rupee against dollar.    Read  
  By: Anurag ( Source: Business Lines)Place: Mumbai12 Jun 2013International Banking::ForexView 
   
Foreign exchange reserves declined to $288 b
  Foreign exchange reserves of India have decreased by heavily by $4.17 billion to $287.89 billion as per data dated 31st May 2013.    Read  
  By: Anurag (Source: Business Line)Place: Mumbai08 Jun 2013International Banking::ForexView 
   
SBI enters tie up with Spanish bank to operate in Latin America and Spain
  State Bank of India, Indias largest bank, presently has no physical presence in Latin America and Spain now entered into a tie up with Spanish bank to develop b..    Read  
  By: Anurag ( Source: Business Line)Place: Mumbai25 May 2013International Banking::General BankingView 
   
Foreign remittances increase 9.6% at $ 25.2 in first three quarters
  Foreign remittances remitted by Indians working abroad for family maintenance and other purpose increased by 9.6% in April – December 2012 period. ..    Read  
  By: Anurag (Source: Business Line)Place: Mumbai24 May 2013International Banking::ForexView 
   
 
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