Indian banking system deposits have reached a record high after recent significant growth. This surge is primarily supported by dollar infl...

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...

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

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...

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 absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...

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

Investment funds focused on India face fierce rivalry with the RBI's FCNR(B) deposit options. With investors drawn to the security of guara...

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 ...

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) depos...

Foreign currency deposits have significantly increased following a Reserve Bank of India swap facility. State Bank of India and HSBC are le...

Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks am...

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...

Banks' leverage on FCNR(B) deposits could pressure profit margins. Overseas interest rates are lower, and lending spreads remain thin. This...