India's underperformance sets stage for recovery, says JM Financial's Deepak GuptaIndian equities are showing signs of a potential rebound, with attractive valuations and improved currency stability, according to Deepak G...
RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savingsFor the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.
Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...
Nifty Bank rallies 1,000 points; HDFC Bank, IndusInd, Yes Bank, and other stocks jump up to 3%. What lies ahead?Banking stocks rallied sharply on Monday, pushing the Nifty Bank index nearly 1,000 points higher as easing geopolitical tensions and falli...
FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...
RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
RBI's reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on holdThe RBI's recent announcements are expected to attract substantial foreign capital, potentially strengthening the rupee. Analysts anticipat...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Karur Vysya has a four-pronged plan to move up to the next level: B Ramesh Babu, MD & CEOAfter a decade of downsizing the wholesale business, Karur Vysya now plans to reverse it by raising the corporate loan share to 20% in the ...
Karur Vysya Bank bets big on credit cards, microloans and corporate push to double down on growthKarur Vysya Bank is set for significant growth. The bank plans to expand its balance sheet by entering the credit card business and offerin...
Bonus issue alert! Goldiam International announces 1:3 bonus reward for shareholders. Check detailsGoldiam International approved a 1:3 bonus issue alongside its Q4FY26 results, marking its first bonus issue in around 21 years. The compan...
Bond won't help this time: Why RBI should hike interest rate, instead of unleashing forex mobilisation schemes as in the pastReserve Bank of India's past emergency tools for raising foreign currency are no longer effective. Global interest rates have changed the f...