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FOREIGN CURRENCY
RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI ResearchFCNR(B) deposits: In FY27, India is anticipated to enjoy a balance of payments surplus amounting to USD 50 billion, driven by robust foreig...
Indian bonds wobble on oil strain, RBI swap pullbackOn Tuesday morning, Indian government bonds faced a downturn as oil prices spiked beyond ninety dollars. Concerns escalated after the centr...
Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
Yes Bank makes bond market comeback years after AT1 write-offYes Bank is preparing its first dollar bond issuance since its 2020 AT1 debt write-off, planning a benchmark-sized three-year note. The mov...
From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
India bonds dip as RBI's diaspora swap move dents sentimentEarly Monday saw a dip in demand for Indian government bonds following the RBI's closure of its swap window. This decision caused the bench...
Emerging markets defy global shocks as investors return to local assetsEmerging markets are seeing renewed investor interest despite geopolitical tensions, trade risks and AI-driven volatility, with debt attrac...
ET Analysis: RBI’s FCNR U-turn dents policy certaintyThe RBI’s early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 bil...
Rupee falls 17 paise to 95.59 against US dollar in early tradeIn early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...
RBI's $56.8 billion forex drive: How diaspora deposits reshape India's currency risk and balance sheetIndia's special forex package has successfully garnered over fifty-six billion dollars in deposits, surpassing expectations. This increased...
Indian Bank plans to garner $400 million via ECB this week: MD Binod KumarIndian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through...
'India was, is and will be one of fastest-growing economies': SBI ResearchIndia remains one of the world's fastest-growing economies, demonstrating significant resilience. Strong credit and deposit growth indicate...
ICICI Bank seeks to raise $1.45 billion loan from a BofA-led consortiumICICI Bank is aiming to secure an impressive loan of $1.45 billion, set to unfold over a four-year period. Bank of America is spearheading ...
Forex reserves soar to $707 billion, highest so far in current fiscalIndia's foreign exchange reserves saw a notable increase, rising by $14.1 billion to hit a significant $707 billion. This boost included a ...
RBI to close FCNR(B) swaps a month earlier due to gushThe Reserve Bank of India has moved the FCNR(B) deposit deadline to August 31 in response to better-than-expected foreign currency inflows....
RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
FCNR, ECB measures to draw $90-95 bn capital inflows in FY27: ReportConcessional swap windows are expected to draw substantial capital inflows for India. These measures are projected to generate ninety to ni...
Forex reserves up by $14.1 billion to $707 billionIndia's foreign exchange reserves saw a jump of over fourteen billion dollars. Foreign currency assets and gold reserves contributed substa...
Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billionBank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accoun...
Banks continue to garner FCNR deposits at a brisk paceIndian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial fore...