Searched for
FOREIGN CURRENCY SERVICE
New-age industries fuelling India's capex cycle, says SBI chiefCorporate spending on infrastructure projects is increasing across India. New sectors like data centers and green hydrogen are driving cred...- GFF 2026: SBI sees FCNR liquidity deployment taking 3-4 months, eyes agentic AI for bankingState Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adopti...
- MobiKwik expands digital forex retail service to six currenciesMobiKwik has expanded its digital foreign exchange service to six currencies, including the UAE dirham and euro. This new multi-currency of...
- FCNR boost for bank credit growth may be temporary, says Axis CEO Amitabh ChaudhryRecent foreign currency deposits could provide a short-term uplift to the growth patterns in bank lending. With the narrowing of differenti...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- RBI to expand retail forex access with five new currency pairs, plans wider global currency bouquetThe Reserve Bank of India will add five currency pairs—euro, British pound, Swiss franc, Canadian dollar and Emirati dirham—to its FX-Retai...
- RBI uses currency swaps to cut $115 billion cash surplusIndia's central bank is draining excess cash from banks using currency swaps. This action follows record high funds in the financial system...
- These 6 banking stocks have an upside potential of up to 25% in 1 year, according to analystsAt a time when a statement or missile can cause unexplained volatility, expecting rational behaviour in the equity markets is probably expe...
- Foreign investors turn sellers in government bonds after two months of strong buyingForeign investors have sold Indian government bonds since August. Global yields have risen significantly, impacting investment decisions. B...
- Global Market | South Korea’s NPS suspends FX hedging as won hits near two-year high: ReportsSouth Korea’s National Pension Service has suspended foreign exchange hedging as the won strengthened to a near two-year high against the d...
- India’s record foreign deposit push could cost RBI $10.6 billion: Why the diaspora fundraising drive may prove expensiveIndia's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The un...
- Human element remains decisive in modern war, says Naval Chief Admiral Krishna SwaminathanNaval Chief Admiral Krishna Swaminathan addressed newly commissioned officers at the Officers Training Academy in Chennai. He stressed that...
- Bumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: JefferiesThe FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-t...
- India's balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC BankIndia’s balance of payments (BoP) is likely to post a $60-65 billion surplus in FY27, despite a widening current account deficit, HDFC Bank...
- RBI faces about $11 billion bill on foreign deposits planIndia's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial cost...
- Rupee rises 14 paise to close at 94.59 against US dollarThursday marked the fifth consecutive day of appreciation for the Indian rupee, which increased by fourteen paise, closing at 94.59 against...
- GIFT IFSC emerges as international banking hub with $52.82 bn FCNR(B) disbursals: Uday KotakGIFT IFSC banking units are channeling foreign-currency deposits into financing. These units funded fifty-two billion dollars of FCNR(B) de...
- Record FCNR (B) inflows as banks mobilise $127 blnBanks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....
- Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
- Japan’s JCRA upgrades India’s sovereign rating to A-, cites strong growth, financial stabilityJapan Credit Rating Agency (JCR) has upgraded India’s sovereign rating by one notch to A- from BBB+, with a Stable outlook, citing sustaine...
Load More
