Indian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This de...

India's IPO market is poised for a strong comeback in July, with over a dozen companies planning to raise approximately ₹45,000 crore. Majo...

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...

Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...

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

For Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...

The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and down...

The dollar continues to exhibit resilience against key global currencies, largely fueled by the ongoing unpredictability of a potential U.S...

Bandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits...

The yen remains near four-decade lows despite intervention and a Bank of Japan rate hike, as investor confidence is undermined by governmen...

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...

The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...

The Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...