Searched for
INDIAN BANK EXPANSION OVERSEAS
Indian Bank to open representative office in Dubai to expand foreign operationsIndian Bank plans to open a representative office in Dubai after receiving board approval, targeting business from the large Indian diaspor...- Forex reserves hit record $740.8 billion, lift rupeeBy the end of August, India recorded an unprecedented $740.8 billion in foreign-exchange reserves, which has significantly fortified the va...
- India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC BankIndia’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...
- Rupee closes at 10-week high on strong inflowsThe Indian rupee strengthened significantly on Thursday, reaching a ten-week closing high. This gain was driven by substantial inflows of $...
- Canara Bank eyes $2 billion overseas bond raiseCanara Bank plans to raise up to $2 billion from overseas markets under its MTN programme, with the funds to be mobilised through its GIFT ...
- RBI faces about $11 billion bill on foreign deposits planIndia's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...
- Russian Sberbank works towards expansion in IndiaThe expansion comes as India and Russia seek to widen economic ties. The two countries have set a target of $100 billion in annual trade by...
- Can an NRI be a nominee for PPF, NSC or SCSS? Here’s what happens to the money after the account holder diesNRIs can now be nominees for India's small-savings schemes like PPF and NSC, a change from 2023. While they can receive proceeds, repatriat...
- PC Jeweller clears debt to ninth consortium bank, eyes debt-free status this monthPC Jeweller has repaid outstanding debt to nine of fourteen consortium banks. The company has now discharged over ninety-six percent of its...
- India bonds gain as RBI FX inflows lift liquidity, spur short-term debt buyingIndian government bonds saw gains early Thursday, led by shorter-term debt. Larger dollar inflows boosted rupee liquidity and improved sent...
- Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocksClosing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...
- Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflowsIndia's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...
- Zerodha gets Sebi nod for merchant banking licence, formal registration awaited: ReportZerodha’s merchant banking licence application has received Sebi clearance, enabling its expansion into investment banking after formal reg...
- ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
- Ambani's JioHotstar begins operations in UK, Canada & Singapore targetting millions of Indians abroadJioHotstar, India’s largest streaming platform, is expanding internationally for the first time, launching in the UK, Canada and Singapore ...
- Indian banks slash FCNR deposit rates by up to 310 basis pointsIndian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of...
- Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boomYotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to sett...
- Will I inherit my family’s land in India if I become an NRI?ET Wealth Reader's Query: I would like to understand what happens to my rights over inherited agricultural land in India if I acquire forei...
- Festive surge drives UPI near record ₹29.8 lakh crore milestone across 24.5 billion transactionsIndia's UPI processed transactions near record highs in August, reaching ₹29.8 lakh crore. The platform handled a fresh record of 24.51 bil...
- Indian Bank to add 100 branches, hire 2,500 as expansion shifts westIndian Bank plans to open approximately one hundred new branches this year. The bank will also increase its workforce by about two thousand...
Load More
