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RBI DIASPORA FUNDRAISING
Indian economy growing faster than it looks? World Bank’s Neelkanth Mishra pushes back on doubts over 7.8% growthHigh-frequency data reveals that India's economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehi...- India’s record foreign deposit push could cost RBI $10.6 billion: Why the diaspora fundraising drive may prove expensiveIndia's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The un...
- RBI faces about $11 billion bill on foreign deposits planIndia's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...
- Lenders may turn to OFCB route to raise more funds abroadIndian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic...
- Indian bonds wobble on oil strain, RBI swap pullbackOn Tuesday morning, Indian government bonds faced a downturn as oil prices spiked beyond ninety dollars. Concerns escalated after the centr...
- India bonds sink on RBI's early close of FX swap facilityThe Indian government bond market experienced a dip in demand on Monday, leading to higher yields. In an unexpected move, the central bank ...
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
- India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
- The Future of NRI Investments: Top trends to watch out for in 2024In 2024, India’s large and evolving investment market coupled with ardent policies, government initiatives, infrastructure development and ...
- PhonePe launches support for cross-border UPI paymentsAccording to PhonePe, users would now be able to make payments in foreign currencies directly from their bank accounts, similar to internat...
- NRI-FPIs lobby to hang on to Dalal Street partyThese foreign portfolio investors (FPIs) are reaching out to local institutions and hiring legal firms and consultants to lobby with the go...
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