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FOREIGN CURRENCY ACCOUNTS
US current account deficit widens 15.7% to $246 billion in Q2 on import surgeIn the second quarter, the US current account deficit increased by $33.4 billion, reaching $246.0 billion. The rise in imports of goods was...24 Sep, 2026, 07.06 PM IST- Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta"One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon," she said. "If anything,...24 Sep, 2026, 12.15 AM IST
- Rupee may not just stabilise, but appreciate from current levels: RBI Dy Guv Poonam GuptaRBI Deputy Governor Poonam Gupta mentioned the rupee could stabilize or appreciate after its recent depreciation. She highlighted India's p...23 Sep, 2026, 10.19 PM IST
- These 7 private and public banking stocks have an upside of up to 27% in one year, according to analystsIf oil prices stay high and push up inflation, it is likely that banking stocks will come under pressure because their business will be imp...23 Sep, 2026, 12.57 PM IST
- JPMorgan to double GIFT City business as $1 billion book expandsJPMorgan Chase & Co. plans to expand its operations at Gujarat's GIFT City in the next few years. The bank aims to double its business in a...23 Sep, 2026, 10.27 AM IST
- India's fast-track route for low-risk foreign investors logs 164 sign-ups in 100 days, data showsThe SWAGAT-FI framework, launched on June 1, simplifies registration for trusted foreign investors, including pension and sovereign funds. ...23 Sep, 2026, 10.24 AM IST
- RBI warns banks against a loan price warIn situations where banks are inundated with liquidity, the natural tendency among many lenders is to push loans and go down the credit mat...23 Sep, 2026, 12.43 AM IST
- Fitch upgrades Sri Lanka's rating to 'B-'Fitch Ratings upgraded Sri Lanka’s long-term foreign-currency default rating to ‘B-’ from ‘CCC+’ and maintained a stable outlook, citing ma...22 Sep, 2026, 01.54 PM IST
- RBI revises FCNR(B) inflows upwards to USD 133 billion after robust response from NRIsRBI revised FCNR(B) deposit collections upwards to USD 133 billion. The scheme's closing date was advanced by one month following a strong ...21 Sep, 2026, 09.03 PM IST
- Forex inflows under RBI swap facility rise to USD 143.6 billionThe Reserve Bank of India said foreign exchange inflows under its special USD-INR forex swap facility rose to USD 143.596 billion as of Aug...21 Sep, 2026, 08.02 PM IST
- RBI issues final Basel III market risk capital rules for banks; new minimum requirements to kick in from April 2027The Reserve Bank of India has issued revised market risk capital requirements for commercial banks, aligning Indian regulations with Basel ...21 Sep, 2026, 07.48 PM IST
- $127 bn foreign currency deposit mobilisation a 'shot in the arm' for Indian banks: S&PA notable achievement for Indian banks occurred as they received USD 127 billion through a dedicated deposit scheme. This influx has signif...21 Sep, 2026, 03.02 PM IST
- Crude above $100 may push India inflation to 6%, RBI could hike rates 50 bps: KotakThe elevated crude oil prices pose a direct threat to India's macroeconomic stability, with retail inflation projected to inch toward the 5...21 Sep, 2026, 02.32 PM IST
- Global Market: Yuan hits 4-year high as traders bet on further gainsChina’s yuan strengthened to four-year highs against the dollar, supported by strong exports, exporter dollar conversions and expectations ...18 Sep, 2026, 10.14 AM IST
- These 6 banking stocks have an upside potential of up to 26% in 1 year, according to analystsThe way things are panning out in the Gulf region, in Wall Street, and in the Bay Area in northern California, the chances of greater volat...16 Sep, 2026, 02.39 PM IST
- HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...16 Sep, 2026, 07.46 AM IST
- NRO account for NRIs: Which funds can be deposited, tax on interest and repatriation rulesFor NRIs, establishing or converting an existing bank account is vital upon confirming non-residence status. An NRO account facilitates the...10 Sep, 2026, 04.10 PM IST
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