November will hold key, with 64 per cent of the total three-year FCNRs maturing. Plus, this is seasonally weak period for the domestic curr...

Rajan maintained the gross value added (GVA) growth projection for 2016-17 at 7.6 per cent with risks evenly balanced.

Reserve Bank Governor today said the central bank is contented with reduction in the volatility of the rupee.

Nomination facility is available in FCNR accounts and the nominee can be either an NRI or a resident Indian.

The country's largest lender State Bank of India today raised interest rates on Foreign Currency Non Residential (FCNR) deposits held in st...