The RBI’s special forex swap facility has mobilised $73 billion in foreign exchange inflows as of August 21, with FCNR(B) deposits accounti...

Suryoday Small Finance Bank has made changes to its fixed deposit interest rates Senior citizens can benefit from an attractive rate of 8.5...

The Reserve Bank of India has instructed rating agencies to refrain from categorizing it as the regulator overseeing bank deposits. This re...

India's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...

India plans to revamp its Gold Monetisation Scheme by involving jewellers, aiming to unlock household gold holdings estimated at 25,000-50,...

The Reserve Bank of India is harmonizing interest rate determination methods for regulated entities. New guidelines will define internal be...

Textiles and apparel exports are projected to reach 3.3 lakh crore by FY26. Tobacco product exports saw significant growth in quantity and ...

India's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...

Union Minister Amit Shah encouraged urban cooperative banks to view the RBI's support positively. He highlighted the central bank's proacti...

FCNR (B) FD: For NRIs, the potential gains from FCNR(B) deposits may be undermined by Singapore's tax policies. Interest earnings from Indi...

Indian jewellers could earn an additional 0.75%-1% commission under a revamped Gold Monetisation Scheme (GMS) proposed by the India Bullion...

Vishakha Rathod, implicated in an Rs 88 crore investment fraud scheme, has been extradited from the UAE following the issuance of an INTERP...

A Public Provident Fund (PPF) is a long-term, small savings scheme offered by the government of India. The PPF offers an attractive interes...

The Reserve Bank of India will continue its special FCNR(B) deposit scheme. This scheme has already attracted tens of billions of dollars i...

RBI MPC repo rate: The Reserve Bank of India maintained its repo rate at 5.25 percent today. Inflation is nearing the upper tolerance band,...

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest ...

Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) depos...