FCNR(B) deposits have become attractive to investors looking for significant returns in US dollars, largely thanks to government hedging st...

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...

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

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across in...

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

State Bank of India announced a notable ten percent growth in net profit for the June quarter, driven by robust loan growth that amplified ...

SBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...

FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...

Hazra also shares his views on sector opportunities, the role of alternatives, and why financial assets are increasingly becoming a preferr...

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

Deposit growth in India improved despite declining real interest rates, according to an SBI Ecowrap report. The report noted that deposit m...

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

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest ...

HDFC Bank and ICICI Bank have raised FCNR(B) deposit rates by twenty-five basis points. This increase applies to select US dollar FCNR(B) d...

Banks are raising FCNR(B) deposit rates to attract dollars amid global rate increases. ICICI Bank and HDFC Bank have already adjusted their...

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...

Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...