Indian Overseas Bank aims to gather $650 million in foreign currency deposits by September. The bank has already secured $300 million witho...

A noticeable gap between credit and deposit growth is troubling the banking landscape. Consumers are shifting their savings from traditiona...

Most private lender stocks declined Monday after first-quarter earnings showed profitability pressures. Axis Bank and HDFC Bank saw signifi...

In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...

Non-resident Indians residing in Singapore and the United States are expressing significant concerns over withholding taxes. These taxes th...

Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...

Nearly Rs 91,000 crore was wiped off the market value of HDFC Bank, Axis Bank and Kotak Mahindra Bank as stronger credit growth failed to o...

ICICI Bank reported a 15.9% year-on-year rise in Q1 FY27 net profit to Rs 14,805 crore, driven by healthy growth in net interest income, st...

Indian banks report robust loan growth driven by corporate demand. Companies are shifting from expensive bond markets to cheaper bank borro...

The scheme allows customers to borrow up to 12 times their deposit amount and offers indicative effective annual returns of up to 16.2%, de...

State Bank of India mobilized nearly two billion dollars under a central bank incentive. This amount significantly surpasses other state-ow...

Indian state-run banks expect to raise nearly $30 billion through the RBI's subsidised NRI dollar deposit scheme by September 30, bankers t...

Non-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...

Rising inflation has crossed the Reserve Bank of India's target, signaling potential repo rate hikes. Higher inflation and increased credit...

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest ...

India and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...

Indian Bank aims for Rs 5,500 crore bad loan recovery this financial year. The bank has already collected USD 140 million in foreign curren...