Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...

Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...

The Indian rupee is projected to average around 96 against the US dollar in FY27. However, this outlook faces potential challenges includin...

Public sector units like PFC, REC, and NaBFID are poised to increase their External Commercial Borrowings (ECBs) to leverage the RBI's 1.5%...

Following the revision, the bank's MCLR, which is the lender's internal benchmark for pricing loans, stands in the range of 8.05% to 8.65%,...

The Indian bond market celebrated a notable milestone, achieving its highest closing point in seven weeks, primarily thanks to the recent d...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...

Indian banks anticipate raising up to $40 billion through foreign currency deposits. The Reserve Bank of India is backing a new scheme to a...

The Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...

A raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...

Indian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...

The rupee strengthened significantly against the US dollar, gaining 50 paise to reach 95.24 following the RBI's liberalization of FPI inves...

The Indian rupee held steady against the dollar on Monday. State-run banks sold dollars, supporting the rupee. Foreign exchange markets are...