By the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...

Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boost...

Indian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...

Foreign currency inflows have eased financial conditions for the Reserve Bank of India. This temporary relief allows the central bank to de...

India Ratings forecasts bank credit growth at fifteen percent for fiscal year twenty twenty-seven. Lenders will face profitability challeng...

The Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand increased, and month-end pressures ...

Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...

India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...

Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volum...

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...

Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...

FCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on A...

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...

The Reserve Bank of India is prematurely closing a special window for FCNR(B) bank deposits from the Indian diaspora, originally set to end...

India's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...

FCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing entic...