Overseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issu...

Small savings scheme interest rates: The Finance Ministry has kept interest rates on all small savings schemes unchanged for the July–Septe...

Crib, a property management platform for co-living spaces, has acquired rent financing company CirclePe. This strategic move integrates emb...

A senior IAS officer, Pardeep Kumar, has been arrested by the CBI for his alleged role in embezzling Rs 504 crore from Haryana government a...

Indian banks are poised for improved interest margins this quarter, thanks to the Reserve Bank of India's liquidity-boosting measures. Thes...

Indian banks are set to leverage new foreign-currency deposits from the diaspora to replace costly funding, according to Axis Bank CEO Amit...

Punjab National Bank is set to prioritize retail, agriculture, and MSME lending, alongside boosting low-cost deposits to fuel growth. MD an...

Bank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...

Discovering you have two Public Provident Fund accounts can be a common oversight, but it's crucial to address. Indian regulations strictly...

Bandhan Bank has boosted fixed deposit interest rates by up to 20 basis points, with senior citizens now earning a competitive 7.95% on sel...

Bank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...

Senior citizen FD interest rates: Bandhan Bank has boosted fixed deposit interest rates, offering senior citizens a compelling up to 7.95% ...

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. Th...

Indian banks can now lend against FCNR(B) deposits, with the RBI offering forex swaps only on the principal amount. This move aims to attra...

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

The Reserve Bank of India's latest measures to attract foreign currency deposits could help revive NRI inflows after growth stalled in FY26...