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JAPANESE YEN DEPOSITS
FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...29 Apr, 2026, 01.35 PM IST- Dollar set for weekly gain on stalled US-Iran talks and Middle East uncertaintyThe dollar is set for its first weekly rise in three weeks. Stalled peace talks between the U.S. and Iran are impacting Middle East tension...24 Apr, 2026, 07.27 AM IST
- World's first yen-pegged stablecoin debuts in JapanA Japanese startup, JPYC, said it will begin issuing stablecoins that are fully convertible to the yen and backed by domestic savings and J...27 Oct, 2025, 09.32 AM IST
- IndusInd fiasco robs yen magic in NRI depositsFollowing the IndusInd situation, the RBI is scrutinizing special Japanese yen (JPY) deposits, which offered high returns to NRIs. Banks at...30 May, 2025, 12.10 AM IST
- Yen's relentless slide revives Japan's interest in structural reformsJapanese policymakers are focusing on structural economic factors driving persistent yen declines, as market intervention has limited impac...30 May, 2024, 08.10 AM IST
- Japan foreign reserves fall for third month after interventionThe data comes alongside separate figures that confirmed Japan did not conduct stealth intervention in September and only entered the marke...08 Nov, 2022, 11.02 AM IST
- India's external debt declines 2.8 per cent $514.4 billion at end-June: RBIAt end-June 2018, the external debt was placed at USD 514.4 billion, recording a decrease of USD 14.9 billion over its level at end-March 2...28 Sep, 2018, 07.45 PM IST
- India Inc eyes long Samurai loans from yield-hungry Japan banksJapan’s negative interest rates are pushing its lenders and insurers into EM debt.01 Mar, 2018, 01.49 PM IST
- JICA, IIFCL ink pact to finance PPP infrastructure projects worth Rs 2,866 croreJICA today inked a pact with IIFCL to provide about Rs 2,866 crore assistance for implementation of infrastructure projects in PPP.11 Mar, 2016, 09.17 PM IST
- Dena Bank raises NRI deposits rates by 1 per centDena Bank raised interest rates on NRI deposits of over three years by 1 per cent, days after the Reserve Bank deregulated interest rates o...19 Aug, 2013, 07.53 PM IST
- PNB raises NRI deposits rates by 1 per centPNB today raised interest rates on NRI deposits of over 3 years by 1%, days after the Reserve Bank deregulated interest rates on such depos...16 Aug, 2013, 08.45 PM IST
- SBI raises foreign currency deposit rate by up to 100 bpsState Bank of India (SBI) today revised upwards interest rates on FCNR-B and NRE rupee deposits in foreign currencies by up to 100 basis po...25 Nov, 2011, 10.37 PM IST
- SBI hikes interest rates on FCNR depositsThe country's largest lender State Bank of India today raised interest rates on Foreign Currency Non Residential (FCNR) deposits held in st...01 Feb, 2011, 07.17 PM IST
- Mitsubishi UFJ returns to profitabilityMitsubishi UFJ Financial Group Inc., Japan's largest bank, said Tuesday it climbed back to the black last fiscal year thanks to cost cuts a...18 May, 2010, 04.11 PM IST
- IDBI Bank revises NRI deposit ratesIDBI Bank has revised its interest rates on Foreign Currency Non-Resident deposits, Non-Resident External and Resident Foreign Currency ter...19 Nov, 2008, 10.06 PM IST
- As the yen surges, ordinary Japanese turn currency tradersSeventy-year-old Nobuyuki Sasaki isn’t your average currency speculator, but with the yen at its strongest in years, he decided buying euro...01 Nov, 2008, 12.01 AM IST
- ICICI Bank raises interest rates on NRI depositsICICI Bank, the biggest private sector bank in the country, today announced half a percentage point increase in the interest rates on its N...22 Sep, 2008, 07.38 PM IST
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