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JEEVAN SURAKSHA DEPOSIT SCHEME
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
No gym. Bollywood’s ‘Khoobsurat’ actress reveals secret to her age-defying beauty and perfect 10 figure at 71: ‘Practically, one should eat…’At 71, Rekha's timeless beauty is attributed to her disciplined lifestyle, not surgery. Her diet emphasizes home-cooked meals rich in green...
RBI looks to revive NRI deposit growth through FCNR(B) route, NRO accounts grow fastest: Bank of Baroda reportThe Reserve Bank of India's latest measures to attract foreign currency deposits could help revive NRI inflows after growth stalled in FY26...
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth 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...
Your gold is sitting idle. A step-by-step guide to how you can lease it and earn a tax-free income
Banks seek RBI nod to let NRIs break & rebook existing depositsTo incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...
Bengal plans dolphin parks, Ganga Aarti on Hooghly under Namami Gange pushWest Bengal is set to establish two dolphin parks, including one in Contai. The state will also undertake extensive cleaning of the Hooghly...
Highest 555-day FD interest rates: Check list of banks offering up to 7.25% rate on special fixed deposit
How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREsThe Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
ED searches at 17 locations in corporate insolvency process caseThe Enforcement Directorate has launched a money laundering probe, conducting searches across 17 locations in Maharashtra and Delhi. The in...
Highest 555-day FD interest rates: Banks are offering up to 7.25% interest rate on special fixed depositFD interest rates: Special fixed deposits with a 555-day tenure are drawing investor attention. Banks like City Union Bank and Karnataka Ba...
SBI revises FCNR(B) interest rates up to 5.75%: NRIs, OCIs & POIs can earn more on these depositsFCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...
Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
PNB, Ujjivan raise FCNR deposit ratesPunjab National Bank and Ujjivan Small Finance Bank have raised interest rates on FCNR(B) USD deposits for Non-Resident Indians. This move ...
Bengal CM Suvendu Adhikari warns of being 'worst CM' if law & order breachedWest Bengal Chief Minister Suvendu Adhikari asserted that law and order violations would not be tolerated under his leadership. He highligh...
Manipur CM Yumnam Khemchand Singh meets Gadkari, pushes Imphal highway projectsManipur Chief Minister Yumnam Khemchand Singh met Union Minister Nitin Gadkari to discuss progress on the Imphal-Jiribam and Imphal-Dimapur...
FM Sitharaman discusses ways to boost growth with Bengal CMThe meeting, coming just over a month after the BJP stormed to power in West Bengal for the first time, also dwelt on improving the credit ...