RBI Reference Rate definition

RBI Reference Rate means the RBI Reference Rate published on the RBI website (https://www.rbi.org.in/home.aspx).
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RBI Reference Rate means the rate published by Reserve Bank of India (RBI) on it’s website on working days.
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RBI Reference Rate means the exchange reference rate declared by the Reserve Bank of India.
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Examples of RBI Reference Rate in a sentence

  • Exchange Rate for conversion of USD amount into INR shall be the RBI Reference Rate on B/L Date as published by FBIL.

  • The USD to INR exchange rate as on the date of the Quotation will be considered as the exchange rate notified by the RBI Reference Rate as the exchange rate for that particular day ('SPOT rate').

Related to RBI Reference Rate

  • €STR Reference Rate means, in respect of any TARGET Business Day, a reference rate equal to the daily Euro Short-Term Rate ("€STR") for such TARGET Business Day as provided by the European Central Bank, as administrator of such rate (or any successor administrator of such rate), on the website of the European Central Bank initially at http://www.ecb.europa.eu, or any successor website officially designated by the European Central Bank (the "ECB's Website") (in each case, at the time specified by, or determined in accordance with, the applicable methodology, policies or guidelines on the TARGET Business Day immediately following such TARGET Business Day).

  • Term ▇▇▇▇▇ Reference Rate means the forward-looking term rate based on ▇▇▇▇▇.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • SOFR Reference Rate means, in respect of any U.S. Government Securities Business Day, a reference rate equal to the daily secured overnight financing rate (“SOFR”) for such U.S. Government Securities Business Day as provided by the Federal Reserve Bank of New York, as the administrator of such rate (or any successor administrator of such rate) on the website of the Federal Reserve Bank of New York currently at http://www.newyorkfed.org, or any successor website of the Federal Reserve Bank of New York or successor administrator (on or about 8:00 a.m., New York City time, on the U.S. Government Securities Business Day immediately following such U.S. Government Securities Business Day).

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.