India aims for USD 500 billion in electronics production by FY31. Electronic component production is projected to reach USD 150 billion, a ...

Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volum...

This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank o...

Public sector banks are currently offering enticing interest rates on fixed deposits with special tenures. The standout option is the 444-d...

In an effort to revise its fee structure, the State Bank of India will enforce service charges on Basic Savings Bank Deposit accounts. Cust...

Pakistan seeks a $10 billion US facility to bolster its foreign exchange reserves. This move aims to reassure international investors and s...

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...

SBI FD interest rates: The State Bank of India implemented a reduction in interest rates for select bulk term deposits. This change specifi...

India Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inf...

FCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreig...

SBI Research said the cost of the RBI’s FCNR(B) swap facility is unlikely to have driven its early closure, estimating cumulative hedging c...

In early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...

India remains one of the world's fastest-growing economies, demonstrating significant resilience. Strong credit and deposit growth indicate...

Crisil reports India's growth may slow to 6.6 percent this fiscal year. Foreign portfolio investor inflows improved significantly in July, ...

Concessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...

Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...