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Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...- Rupee ends nearly flat on competing oil, intervention and NDF maturity cuesThe Indian rupee saw little change on Wednesday. Traders noted oil price swings and strong dollar demand. The Reserve Bank of India likely ...
- Banks pay 7% on dollar deposits as India seeks fresh foreign currencyIndian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...
- RBI likely intervenes to support rupee, conducts swaps, traders sayThe Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable for...
- Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
- Fed Interest Rate cut prediction, date: What to expect from US Central Bank officials at Federal Reserve meeting?A number of Fed policymakers have begun to speculate that interest rates may need to rise to ensure that the central bank's key inflation ...
- India banks could raise $35-$40 billion via RBI's foreign currency deposit scheme, PNB CEO Ashok Chandra saysIndian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...
- ECB to hike rates as Mideast war pushes up inflationThe European Central Bank is poised to raise interest rates for the first time in two and a half years, driven by escalating inflation fuel...
- Central bank turns piper to draw in foreign capital; leaves repo rate at 5.25, keeps stance neutralThe Reserve Bank of India has introduced measures to boost foreign currency inflows, including incentives for external commercial borrowing...
- FX reserves inch up from over one-year low to $682.3 billionIn the week prior, India's FX reserves had dropped to a more than one-year low of $681.4 billion.
- Central Bank of India targets over Rs 3,500 crore bad-loan recovery in FY27Central Bank of India plans significant recovery from bad loans exceeding Rs 3,500 crore in FY27. The bank will also introduce wealth manag...
- Rupee closes at 95.78 vs USD ahead of crucial central bank rate reviewThe Indian rupee declined for a second day ahead of the Reserve Bank of India's monetary policy review, with traders anticipating measures ...
- Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 yearsGenerali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...
- Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'Jerome Powell, former head of the US Federal Reserve, has spoken out against political interference in the central bank. He emphasized the ...
- Dollar steadies as markets await signals on Iran war, central banksThe U.S. dollar held steady as markets awaited Middle East peace talks and signals on central bank rate hikes. Hopes for a U.S.-Iran deal t...
- European Central Bank must act on inflation sooner rather than later, policymaker Alvaro Santos Pereira saysAlvaro Santos Pereira, a member of the (ECB) European Central Bank's Governing Council, has called for swift action on inflation. He believ...
- Central banks must maintain independence: ECB's LagardeMonetary institutions worldwide need to maintain their independence, European Central Bank president Christine Lagarde said Thursday. Incre...
- Central Bank of India well-positioned to surpass Rs 5,000 cr profit in FY27: MD Kalyan KumarCentral Bank of India targets Rs 5,000 crore annual profit during this fiscal year. A new tax regime offers a significant boost. The bank p...
- Supply shock, debt may hurt central bank independence, ex-Fed executive saysFormer Fed executive Donald Kohn warned that political pressures on central bank independence are likely to increase. Public dissatisfactio...
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