Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor o...

Indian banks are raising significant dollar funds offshore to boost foreign currency deposits. Global banks are actively arranging these do...

AU Small Finance Bank has increased its non-resident deposit rates by up to sixty basis points. The bank raised its peak interest rate on F...

Bank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 ...

The Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...

Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tight...

The country's stockpile of assets denominated in foreign currencies rose $7.26 billion to $674 billion in the week ended July 3, the latest...

Global interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...

A protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...

BofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...

Former NITI Aayog vice chairman Arvind Panagariya urges the government to revive privatization of public sector undertakings and banks. He ...

The Indian Rupee gained ground against the US Dollar today. This rise follows an agreement between the US and Iran to extend a ceasefire. F...

India may need central bank support to attract dollar investments, potentially through forex deposit schemes, to cover exchange risks and o...

“In the recent past, fund inflows by the foreign institutional investors (FIIs) have led to an appreciation in the currency,” said Motilal ...

The declining rupee will stabilise soon amid inflows of up to $25-30 billion through the forex swap windows and currency punters are likely...

Suyash Choudhary, head of Fixed Income, IDFC, says: "I think it is the lack of dollar supply than anything else to blame."

The Indian rupee declined for a sixth straight day today and hit a 10-month low be breaking below 56 per dollar.