SBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of signif...

India's foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decr...

The Maldives has repaid a USD 150 million loan to India by settling the final tranche this week. The State Bank of India had subscribed to ...

India covered approximately USD 45 million in interest payments over five years. Malé fully repaid the USD 150 million Treasury bill facili...

The rupee fell 38 paise to close at 95.92 against the US dollar on Tuesday. Escalating Middle East conflict and soaring Brent crude oil pri...

India's foreign-exchange reserves surged to a record $785.706 billion. This surge was driven by a dedicated dollar-mobilisation programme a...

This week saw the Indian rupee tumble more than one percent against the dollar, primarily influenced by surging oil prices. Central bank in...

The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent fore...

State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed...

The Indian rupee declined further against the US dollar today. Rising Brent crude oil prices and foreign equity outflows pressured the loca...

State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...

Thursday's early market saw the Indian rupee slip against the US dollar amid heightened crude oil prices and a consistent demand for the do...

The Reserve Bank of India may not need to raise the cash reserve ratio (CRR) in the immediate term as the banking system's surplus liquidit...

When choosing an Indian forex broker, it's essential to evaluate their regulatory compliance and account protection measures thoroughly. An...

India’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...

Higher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a f...

GIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...