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LATEST FCNR FD INTEREST RATES
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...10 Jun, 2026, 01.26 PM IST- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...09 Jun, 2026, 07.49 PM IST
- Highest FD interest rates of 5 major banks: SBI, PNB, HDFC Bank, ICICI Bank and Bank of BarodaDespite the RBI maintaining the repo rate at 5.25%, major banks like SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering competitive fix...09 Jun, 2026, 06.17 PM IST
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...09 Jun, 2026, 05.20 PM IST
- Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...09 Jun, 2026, 09.21 AM IST
- Banks likely to go all out to attract diaspora investmentRBI's decision to bear the hedging cost on FCNR-B deposits and exempt banks from maintaining the cash reserve ratio and statutory liquidity...09 Jun, 2026, 12.58 AM IST
- RBI opens a dollar swap window to help hedge foreign borrowingsThe Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...09 Jun, 2026, 12.31 AM IST
- HDFC Bank borrower alert: EMIs on these loans to cost more as bank raises lending rates by up to 10 bpsHDFC Bank has increased its Marginal Cost of Funds-based Lending Rates (MCLR) by up to 10 basis points, effective June 8, 2026. The revised...08 Jun, 2026, 02.44 PM IST
- Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...08 Jun, 2026, 01.12 AM IST
- Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...06 Jun, 2026, 12.32 AM IST
- RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...05 Jun, 2026, 10.02 PM IST
- 22k gold rate today: Check 24k, 22k, 18k gold prices (June 5, 2026) at IBJA, Tanishq, Joyalukkas, Kalyan Jewellers and Malabar Gold & DiamondsGold prices saw a dip today, June 5, 2026. This decline followed positive news regarding potential progress between the US and Iran. Market...05 Jun, 2026, 05.07 PM IST
- FD interest rate up to 8.05%: 4 banks that revised FD interest rates in June 2026Fixed deposit investors are watching interest rates closely. Several banks have revised their FD rates in June 2026. Savers can lock in att...05 Jun, 2026, 04.10 PM IST
- RBI MPC Meeting 2026: Will FD interest rates increase as RBI holds repo rate?Despite the RBI keeping the repo rate unchanged, several factors suggest banks may increase fixed deposit rates soon. Rising inflation, a h...05 Jun, 2026, 12.23 PM IST
- Will rising inflation bring good news of higher interest rate for FD investors in coming RBI MPC meeting on June 5The RBI is widely expected to keep the repo rate unchanged at 5.25% in the June 5 MPC meeting despite concerns over rising fuel prices, a w...04 Jun, 2026, 11.57 AM IST
- PNB customer alert: PSU bank suspends MasterCard network activity linked to RussiaPunjab National Bank customers using MasterCard for international transactions face continued suspension of services linked to Russia. This...03 Jun, 2026, 06.14 PM IST
- Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...01 Jun, 2026, 01.00 AM IST
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