Kotak Mahindra Bank taps HSBC and CTBC for $600-million overseas loanKotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...
28 Jul, 2026, 12.32 AM 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
More banks may join overseas bond run after ICICI Bank’s bumper dollar bond saleICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...
25 Jul, 2026, 09.29 AM IST
More banks may join overseas bond runICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...
25 Jul, 2026, 01.03 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
How NRIs, OCIs can get 45% annual return on $1 lakh FCNR (B) deposit as this bank in India offers 19X leverage; Should you go for it?HSBC Bank's IFSC unit offers Non-Resident Indians significant leverage on FCNR(B) deposits. This strategy allows investors to borrow up to ...
22 Jul, 2026, 05.25 PM IST
Punjab & Sind Bank eyes Rs 4 lakh cr business by FY29: Lender bets big on technology transformationPunjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...
22 Jul, 2026, 01.07 AM IST
FCNR(B): Data show banks have raised $20.7 bn under scheme; $10 bn more may flow inThe optimism follows RBI's disclosure that banks have collectively garnered $20.7 billion under its special incentive window, a pace that h...
22 Jul, 2026, 12.36 AM IST
Banks lure NRIs with high-return FCNR(B) deposits, warn of leverage risksBanks are attracting NRI dollar deposits through RBI's FCNR(B) window. These deposits offer projected returns of thirteen to sixteen percen...
22 Jul, 2026, 12.26 AM IST
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
21 Jul, 2026, 07.51 PM IST
Rupee value is market-driven, has no target band against US dollar: FM SitharamanFinance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...
21 Jul, 2026, 07.43 PM IST
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...
21 Jul, 2026, 05.59 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
India's EXIM Bank plans $300 million dollar bond sale under RBI hedging facilityThe state-run export finance institution will issue three-year floating-rate bonds priced at 90 basis points over the Secured Overnight F...
20 Jul, 2026, 04.09 PM IST
India's EXIM Bank plans $300 million dollar bond sale under RBI hedging facilityThe Export-Import Bank of India plans to raise $300 million through dollar bonds. This move utilizes the central bank's subsidized hedging ...
20 Jul, 2026, 03.20 PM IST
Regional conflict-driven curbs weigh on flow: FCNR(B) inflows may miss initial estimates, says HDFC Bank CEOExpected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...
20 Jul, 2026, 12.48 AM IST