RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
15 Aug, 2026, 12.19 AM IST
RBI to close FCNR(B) forex swap facility early after strong dollar inflowThe Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...
14 Aug, 2026, 06.40 PM IST
Can NRIs invest in National Savings Certificate (NSC) and avail tax benefits?The National Saving Certificate (NSC) is one of the popular small savings schemes among Indians investors with a low-risk appetite as the s...
14 Aug, 2026, 06.12 PM IST
Bank of Baroda raises $700 million in first overseas bond issue since 2019Bank of Baroda raised $700 million through three-year and five-year dollar bonds, marking its first overseas issue in over seven years. Str...
13 Aug, 2026, 08.19 PM IST
Indian bank deposits jump by $115 billion over three fortnights to record highIndian banking system deposits have reached a record high after recent significant growth. This surge is primarily supported by dollar infl...
13 Aug, 2026, 04.32 PM IST
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billionBank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...
12 Aug, 2026, 10.00 PM IST
RBI proposes new interest rate rules for regulated entities, seeks public commentsThe Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...
12 Aug, 2026, 10.00 PM IST
Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...
12 Aug, 2026, 04.23 PM IST
Central Bank of India mobilises $250 million under FCNR (B) window: CEO Kalyan KumarCentral Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...
12 Aug, 2026, 02.32 PM IST
SBI's Q1 profit jumps 10% YoY on loan growth, beats Street estimatesState Bank of India announced a notable ten percent growth in net profit for the June quarter, driven by robust loan growth that amplified ...
08 Aug, 2026, 09.37 AM IST
Loans against FCNR B deposits exempt from priority sectorThe Reserve Bank of India has announced an exemption for loans against specific foreign currency deposits, particularly fresh FCNR(B) and N...
07 Aug, 2026, 07.49 PM IST
SBI Q1 profit beats estimates on strong loan growth, asset qualitySBI reported a 10% rise in Q1 net profit to Rs 21,121 crore, beating estimates on robust loan growth and higher net interest income. Improv...
07 Aug, 2026, 07.23 PM IST
RBI's FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billionThe Reserve Bank of India's deposit scheme has attracted significant foreign currency inflows. This scheme is expected to mobilize up to on...
07 Aug, 2026, 12.25 PM IST
Liquidity to peak in Sept, but big surplus won't last long: RBIThe Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher curre...
06 Aug, 2026, 01.05 AM IST
Will FCNR (B) deposit scheme that's bringing billions of dollars to India end? RBI Governor says thisThe Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...
05 Aug, 2026, 12.43 PM IST
India sees dollar deposit deluge on FCNR(B) waveFCNR(B) deposits accounted for $36.72 billion of the inflows, exceeding the $26 billion mobilised under a similar scheme in 2013, in less t...
02 Aug, 2026, 06.26 AM IST
RBI's FCNR, forex schemes draw $40.81 billion in inflows so farSignificant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India f...
01 Aug, 2026, 02.14 PM IST