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Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...- FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
- RBI measures likely to attract USD 55-65 billion inflows in FY27: SBI reportIndia anticipates USD 55-65 billion in foreign inflows this fiscal year. The Reserve Bank of India's recent measures aim to stabilize the r...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- India makes big moves to attract foreign investments in bonds: How will this impact stock market?India has unveiled significant measures to attract foreign investment, including tax exemptions on government securities and increased inve...
- These 7 private and public banking stocks have an upside of up to 23% in one year, according to analystsGiven how the market has moved in the last five-six trading sessions, the probability is high that a new readjustment trade has started. Th...
- These 9 banking stocks have an upside potential of up to 32% in 1 year, according to analystsIt is always important to make a distinction between sentiment and real business. While sentiment can impact prices in the short term, it i...
- These 8 private and public banking stocks have an upside of up to 27% in one year, according to analystsInflation is at a 13-month high, primarily led by a rise in food prices. And with an impending fuel price hike, it could spike even more. A...
- RBI may have to bear forex risk to boost foreign money inflowsIndia may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and o...
- These 6 banking stocks have an upside potential of up to 24% in 1 year, according to analystsThe news flow is mixed in the case of banking stocks. The numbers so far this quarter suggest that all is well with the sector and banks ar...
- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- These 9 banking stocks have an upside potential of up to 27% in 1 year, according to analystsWe are in times when a statement by US President Trump can cause crude oil prices to drop sharply and another by Iran can push them back up...
- These 10 private and public banking stocks have an upside potential of up to 30% in one year, according to analystsAs far as fundamentals are concerned, most banks have continued to show improvement on critical parameters like NPAs. But if inflation rise...
- SBI NRI account: Much-awaited tab-based online NRO, NRE account opening facility launchedSBI NRI Account: State Bank of India (SBI) has launched the TAB-based end-to-end digital onboarding process for Non-Resident Indians (NRIs)...
- SBI launches digital account opening for NRIs via YONO appSBI has launched a digital platform that allows Non-Resident Indians (NRIs) to easily open NRE and NRO accounts through its mobile app, YON...
- SBI introduces digital opening of NRE/NRO account setup through YONOState Bank of India (SBI) has launched a digital service on its mobile app YONO, allowing Non-Resident Indians (NRIs) to easily open NRE an...
- Can you convert your savings account to an NRE account?Many non-resident Indians (NRIs) manage their savings or income in India through Non-Resident Ordinary (NRO) Accounts. With this account, y...
- PNB fraud: SBI has no direct exposure to Nirav Modi, says chairman Rajnish KumarTerming the LoU scam incident as 'unfortunate’, he said, SBI is in the process of further strengthening its credit risk advisory system whi...
- NRIs rush to capitalise on interest rate advantageBetween December'16 and February'17, NRIs invested $4 billion in rupee deposits called non-resident external (rupee accounts) or NRE (RA) d...
- SBI launches NRI Services in UAESBI is helping thousands of Indians in the UAE who transact business regularly to their home country.
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