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The agency is also probing a case for forex contraventions under the Foreign Exchange Management Act. Both CBI and ED pursued the case after an internal investigation by BoB showed Rs 6,172 crore (Rs 61.72 billion) was sent from India to Hong Kong for import.

Posted on September 3, 2013 at 7:38 am GMT. Selena Nicholas, XM Investment Research Desk. The following is a statement by Glenn Stevens, Governor: Monetary Policy Decision, Septmeber 3, 2013. At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent.

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