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MALDIVES FOREIGN EXCHANGE RESERVES
RBI clarifies FCNR(B) loan, SBLC eligibility under swap schemeIndian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new RBI swap facilit...23 Jun, 2026, 06.53 PM IST- RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...22 Jun, 2026, 08.14 PM IST
- Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....22 Jun, 2026, 07.36 PM IST
- Regulatory minefield: ED enters the crypt, waking up the ghosts for Crypto IncIndia's crypto sector faces a new crisis as the Enforcement Directorate probes four firms for unauthorized foreign money transfers using di...22 Jun, 2026, 12.42 AM IST
- 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...19 Jun, 2026, 06.08 PM IST
- India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...19 Jun, 2026, 05.07 PM IST
- Rupee rises 20 paise to 94.20 against US dollar in early tradeThe rupee strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade n...19 Jun, 2026, 11.16 AM IST
- Rupee falls 21 paise to 94.71 against US dollar in early tradeThe rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asi...18 Jun, 2026, 12.01 PM IST
- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...17 Jun, 2026, 07.58 PM IST
- FEMA probe against Apollo Hospitals, 5 directors closed after compounding order: EDA foreign exchange violation case against Apollo Hospitals and five directors has been terminated. The Reserve Bank of India issued a compo...17 Jun, 2026, 06.41 PM IST
- RBI opens listed Indian equities for foreign investorsThe Reserve Bank of India has opened direct equity investment in listed firms to all foreign individuals, expanding beyond NRIs and OCIs. T...16 Jun, 2026, 11.14 AM IST
- RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...16 Jun, 2026, 07.00 AM IST
- Rupee hits five-week high after oil plunges; traders eye further rallyThe Indian rupee strengthened against the U.S. dollar for a second day. This rise follows a drop in oil prices and measures by the Reserve ...15 Jun, 2026, 03.57 PM IST
- Rupee rises 58 paise to 94.60 against US dollar in early tradeThe Indian Rupee strengthened significantly against the US Dollar on Monday. This surge followed the announcement of a peace deal between t...15 Jun, 2026, 09.56 AM IST
- Portfolio investment scheme now open to PROIsIndia has eased investment rules for foreign individuals and entities in listed stocks, allowing them to invest via the portfolio investmen...15 Jun, 2026, 06.14 AM IST
- FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...13 Jun, 2026, 12.21 PM IST
- India sends measles vaccines, medical supplies to Maldives amid rising casesIndia has provided 20,000 measles vaccine doses and three tonnes of medical supplies to the Maldives. This assistance aims to address incre...12 Jun, 2026, 03.43 PM IST
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