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...

India's balance of payments account recorded an $8.1 billion deficit in the first quarter. This shift occurred as overseas investors withdr...

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

Concessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...

FCNR (B) interest rate: Government backing for FCNR (B) deposits greatly boosts returns for investors. Presently, banks are providing entic...

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

Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...

Central Bank of India has successfully mobilized $250 million under the RBI's FCNR-B window, surpassing its internal target of $100 million...

Dubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...

Are you an NRI looking to sell your property in India after relocating abroad? It's essential to understand the process of repatriating you...

Indian government bonds declined on Tuesday as oil prices briefly surged past ninety dollars. Traders awaited inflation data for clues on t...

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

FCNR(B) deposits serve as a reliable investment option for NRIs wishing to secure foreign earnings in India. Penalties can differ across in...

The Indian rupee is poised for stability against the dollar throughout this financial year. Initiatives to entice dollar investments and a ...

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

Several offshore banks are becoming reluctant to issue or renew international credit cards for wealthy resident Indians due to India’s 180-...