India's $127 billion NRI deposits arm gives RBI more firepower, setting rupee up for rallyOn Thursday, predictions suggest that the Indian rupee will continue its upward trajectory. This optimism stems from substantial foreign cu...
03 Sep, 2026, 08.52 AM IST
Record FCNR (B) inflows as banks mobilise $127 blnBanks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....
02 Sep, 2026, 08.26 PM IST
Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflowsIndia's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident dep...
02 Sep, 2026, 08.14 PM IST
ICICI Bank raises $17.9 billion through FCNR(B) window, boosts lending liquidityICICI Bank secured approximately $17.88 billion via the RBI's special swap facility. This mobilization provides the bank with substantial f...
02 Sep, 2026, 05.26 PM IST
RBI backstop keeps Indian rupee stable, blunting importer dollar demand impactThe Indian rupee showed little movement on Wednesday, hovering in a narrow range. Support from the Reserve Bank of India helped mitigate th...
02 Sep, 2026, 03.47 PM IST
Indian banks slash FCNR deposit rates by up to 310 basis pointsIndian banks have lowered interest rates on foreign-currency deposits significantly. This action follows the closure of the Reserve Bank of...
02 Sep, 2026, 12.54 PM IST
RBI's net short forward positions hit record $137 billion in JulyThe 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 ...
01 Sep, 2026, 06.43 AM IST
Rupee jumps to 4-week high, ends at 95.16 to the dollarThe Indian rupee appreciated by twenty-one paise against the dollar on Monday, surprising traders with the sudden influx related to equity ...
01 Sep, 2026, 06.10 AM IST
Foreign buying in Indian stocks hits 23-month high in August, RBI data showsIn August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two ye...
31 Aug, 2026, 08.24 PM IST
Banking system surplus liquidity reaches Rs 5 lakh crore, highest in over four monthsBy the close of August, liquidity within the banking sector surged to close to Rs 5 lakh crore, fueled by government spending and inflow of...
31 Aug, 2026, 07.00 PM IST
RBI is showing up whenever rupee weakens in intervention shiftIndia's central bank is intensifying efforts to support the rupee. Foreign deposit inflows have bolstered the Reserve Bank of India's inter...
27 Aug, 2026, 06.42 PM IST
Rupee dips, reversing intraday gains, as importer dollar demand dominatesThe Indian rupee declined on Thursday, reversing early gains against the dollar. Importer dollar demand increased, and month-end pressures ...
27 Aug, 2026, 03.57 PM IST
NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...
26 Aug, 2026, 07.44 PM IST
RBI net absorbed $561 million in June as inflows picked upIn June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...
25 Aug, 2026, 06.35 PM IST
RBI’s great dollar haul: Where are the $73 billion going?India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...
25 Aug, 2026, 02.33 PM IST
Full flow FCNR deposits could hit $100 billion, beat estimatesStrong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects...
25 Aug, 2026, 12.34 AM IST
India gets $72.8 billion in dollar inflows under RBI swap facilityIndia has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...
23 Aug, 2026, 12.42 AM IST