The Reserve Bank of India is conducting auctions to absorb excess funds. This liquidity stems from special dollar mobilization programs and...

Thursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against...

India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...

Bankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...

Government will meet state-owned lenders to attract foreign investment. This aims to stabilize the rupee and bridge the current-account gap...

From portfolio management services (PMS) and alternative investment funds (AIFs) to private credit, these asset classes offer the potential...

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

India's record remittance boom faces a new long-term challenge as tighter immigration policies in developed economies threaten the pipeline...

India's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over f...

ICICI Bank successfully raised one billion dollars through its inaugural dollar bond sale. This strong investor demand allowed the bank to ...

ICICI Bank's $1 billion dollar bond sale via GIFT City, which drew strong global investor demand and secured lower borrowing costs, is expe...

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

Dubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved ...

Indian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting bank...

India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...

India’s foreign exchange reserves rose for the five straight weeks leading to expectation that CAD would shrink to below 3% of GDP this fis...