Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...

Asian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...

New measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...

Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...

Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...

Viral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...

India's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...

The Indian Rupee strengthened on Tuesday due to falling oil prices. Regulatory measures are expected to reduce India's balance of payments ...

The Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...

The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...

Banks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight forei...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

A raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...

India's government and central bank have launched new measures to attract foreign investment. These steps aim to boost the rupee and bring ...

The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...