India's special measures have attracted $32 billion in foreign currency inflows, but the boost has yet to significantly strengthen the rupe...

Axis Bank will increase the DCC fee on its credit cards to 3.5% from 1.5%, effective August 28, 2026, according to the bank's revised terms...

UCO Bank plans to raise $500 million through foreign currency deposits and overseas borrowings. This move joins other lenders accessing the...

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

Canara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported ...

Kotak Mahindra Bank plans a $600 million loan from HSBC and CTBC Bank. Bank of India also secured $600 million through a dual-tranche term ...

India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public secto...

ICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...

ICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...

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...

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

Punjab & Sind Bank is setting ambitious goals, aiming for a staggering ₹4 lakh crore in business by the fiscal year 2028-29. The bank proje...

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

ICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...

Finance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...

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

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