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

India's corporate investment cycle now features financially stronger companies expanding capacity. These well-capitalized groups are using ...

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...

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...

India's foreign exchange reserves rose over $9 billion in the week ending August 14. Foreign currency assets and gold reserves significantl...

The Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...

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

Indian Bank raised $400 million through a four-year overseas funding programme via its GIFT City branch, joining Indian lenders tapping glo...

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

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

The Reserve Bank of India is defending the rupee at 95.45 against the dollar. Traders are closely watching crude oil prices amid West Asia ...

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) ...

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

The Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....

The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...

The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows to...

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