Searched for
FOREIGN CURRENCY NON RESIDENT
HSBC wins $5.5 billion of NRI deposits via leveraged strategyHSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...28 Jul, 2026, 11.24 AM IST- Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowingsCanara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported ...28 Jul, 2026, 12.50 AM IST
- Small, medium banks offer higher rates to attract NRI depositsSmall and mid-sized Indian banks are ramping up FCNR(B) deposit rates to attract non-resident Indians after interest rate deregulation, off...28 Jul, 2026, 12.38 AM IST
- AU Small Finance Bank raises NRI deposit rates by 30-60 basis pointsAU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...27 Jul, 2026, 12.17 PM IST
- India may see up to $85 billion in forex inflows after RBI's FCNR move: ReportIndia anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public secto...27 Jul, 2026, 08.55 AM IST
- Forex reserves up by $1 billion to $676 billionMarket participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start t...25 Jul, 2026, 11.55 AM IST
- Bank of India aims to raise $1.2 billion through FCNR-B deposits, plans additional $2 billion overseas borrowingBank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 ...24 Jul, 2026, 07.34 PM IST
- UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...24 Jul, 2026, 11.48 AM IST
- Punjab & Sind Bank hopes to surpass Rs 1,000 crore recovery target in FY27Punjab & Sind Bank anticipates exceeding its recovery target for the current fiscal year. The bank is actively reducing non-performing asse...23 Jul, 2026, 04.00 PM IST
- FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...23 Jul, 2026, 03.14 PM IST
- RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...22 Jul, 2026, 02.04 PM IST
- $17.4 billion flows into FCNR(B) deposits: Which bank offers the best 3-year FCNR(B) FD rate—SBI, PNB, HDFC Bank, ICICI Bank or Canara Bank?Foreign currency deposits have seen significant inflows after a new RBI scheme. Canara Bank offers the highest 3-year FCNR(B) USD fixed dep...22 Jul, 2026, 10.42 AM IST
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...21 Jul, 2026, 11.14 PM IST
- PNB to foray in acquisition finance in third quarter: MD ChandraPunjab National Bank will begin acquisition finance in the third quarter of this fiscal year. The bank aims to mobilize USD 2.5 billion in ...21 Jul, 2026, 05.10 PM IST
- Indian Overseas Bank eyes $650 million foreign deposits by SeptemberIndian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...21 Jul, 2026, 09.20 AM IST
- Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...20 Jul, 2026, 04.20 PM IST
- FCNR(B) FD interest rates for NRIs: HDFC Bank, SBI, PNB, ICICI Bank and Axis Bank- which offers highest maturity on USD depositsGovernment support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...16 Jul, 2026, 01.31 PM IST
Load More
