Bank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issua...

Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...

The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and N...

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...

The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India's balance of paymen...

The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...

US Treasury Secretary Scott Bessent suggested increasing a key emergency liquidity facility. This facility helps stabilize the Japanese yen...

Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of In...

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) depos...

Foreign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are le...

Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...

FCNR(B) deposits accounted for $36.72 billion of the inflows, exceeding the $26 billion mobilised under a similar scheme in 2013, in less t...

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...

Public sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...