On Thursday, the Indian rupee ended slightly lower against the dollar, impacted by continuous demand from importers hedging their positions...

The Lok Sabha approved the Bankers' Books Evidence Bill 2026, modernizing banking record laws for digital practices. Extensive studies conf...

The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...

The memory chipmakers began testing AMEC etching equipment about two years ago, when uncertainty was mounting over whether Washington would...

Indian government bonds saw a slight increase as traders positioned themselves before the RBI's policy announcement. The Reserve Bank of In...

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

FCNR(B) deposits accounted for $36.72 billion of the inflows, exceeding the $26 billion mobilised under a similar scheme in 2013, in less t...

Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...

This is because zero-interest payment plans cost smartphone brands 17-19% of the product price which they bake directly into retail price o...

Punjab National Bank is set to secure a substantial one billion dollars through a five-year loan arrangement. This initiative is being coor...

Indian Oil Corporation secured five hundred million dollars through a special Reserve Bank of India swap facility. This concessional forex ...

State Bank of India and HDFC Bank are raising significant dollar funds. These large Indian banks are borrowing from foreign institutions to...

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

AU Small Finance Bank has raised interest rates on FCNR(B) and NRE fixed deposits. These new rates are effective from July 27, 2026, for sp...

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 ...

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...