Market participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...

First Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...

FCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...

HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...

Reserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...

Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the highest 3-year FCNR(B) USD fixed dep...

What makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...

The optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...

The Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...

Foreign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...

Punjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in ...

The Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...

In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...

Non-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...

State Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...

Non-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...