Early Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...

The RBI’s early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 bil...

In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...

Bankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...

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

Indian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through...

India's foreign exchange reserves saw a notable increase, rising by $14.1 billion to hit a significant $707 billion. This boost included a ...

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....

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

The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...

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

Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...

The Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and N...

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

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

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