Closing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...

India's rupee has seen a remarkable increase following a significant capital boost from the Reserve Bank of India, which successfully raise...

On Thursday, predictions suggest that the Indian rupee will continue its upward trajectory. This optimism stems from substantial foreign cu...

Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...

India's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...

ICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...

The Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...

Indian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of...

The Reserve Bank of India's net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related ...

The Indian rupee appreciated by twenty-one paise against the dollar on Monday, surprising traders with the sudden influx related to equity ...

By the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...

The Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand increased, and month-end pressures ...

Non-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...

India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...

Union Bank of India has made a significant move by raising six hundred million dollars through the sale of bonds, which include three-year ...

Strong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...