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How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREsThe Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...- Key market triggers to watch out before Opening BellNifty50 futures on the Singapore Stock Exchange were trading 33 points lower at 8,070, indicating a negative opening for the domestic marke...
- Rupee sailing through rough waters; may hit 2013 lows in Nov-DecRising chances of a Fed rate hike next month and redemption of FCNRs worth $26 billion maturing this month back home are likely to put pres...
- Jittery about FCNR redemptions ahead? Experts say they will just come and goNovember will hold key, with 64 per cent of the total three-year FCNRs maturing. Plus, this is seasonally weak period for the domestic curr...
- 10 key points Raghuram Rajan made in monetary policyRajan maintained the gross value added (GVA) growth projection for 2016-17 at 7.6 per cent with risks evenly balanced.
- RBI happy with reduction in exchange rate volatility: Raghuram RajanReserve Bank Governor today said the central bank is contented with reduction in the volatility of the rupee.
- FCNR accounts for NRIs: All you wanted to knowNomination facility is available in FCNR accounts and the nominee can be either an NRI or a resident Indian.
- SBI hikes interest rates on FCNR depositsThe country's largest lender State Bank of India today raised interest rates on Foreign Currency Non Residential (FCNR) deposits held in st...
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