Axis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...

The RBI’s special forex swap facility has mobilised $73 billion in foreign exchange inflows as of August 21, with FCNR(B) deposits accounti...

India’s potential inclusion in the Bloomberg Global Aggregate Bond Index remains delayed, not denied, with operational accessibility the ke...

Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a m...

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...

SEBI proposes digital Know Your Client processes for overseas investors. This move aims to simplify account opening for Non-Resident Indian...

FCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreig...

The RBI’s early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 bil...

India's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...

Crisil reports India's growth may slow to 6.6 percent this fiscal year. Foreign portfolio investor inflows improved significantly in July, ...

India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...

The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...

Concessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...

The government appears to be shifting its focus from attracting short-term foreign capital to securing long-term foreign investment as it s...

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...

The Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...