The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-t...

Banks are deploying surplus liquidity through new mortgage products. HSBC and Kotak Mahindra Bank lead with semi-fixed home loan options. T...

The Reserve Bank of India anticipates minimal costs from significant forex inflows. High interest rates on US treasuries are expected to of...

Higher FCNR(B) inflows are complicating the Reserve Bank's liquidity management. The banking system currently holds excess liquidity at a f...

Indian lenders suggested forex sell/buy swaps to reduce excess rupee liquidity. This proposal came after a meeting with the Reserve Bank of...

Closing the FCNR(B) scheme has led to a noteworthy increase in dollar inflows, which has positively impacted foreign exchange reserves. Ind...

India's banking system liquidity surplus has reached its highest point in over four years. This surge is attributed to record forex-inflow ...

Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes....

India's current account deficit reached $4.2 billion in the first quarter of the fiscal year. This widening was primarily driven by a highe...

The Reserve Bank of India's net short forward positions soared to a record high of $137 billion in July, driven by long-term swaps related ...

In August, foreign investors channeled an impressive $3.1 billion into Indian equities, marking the largest monthly inflow in nearly two ye...

The Indian rupee hit its highest level in almost four weeks against the US dollar, buoyed by fresh investments due to stock index adjustmen...

India's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...

India's foreign exchange reserves have reached an all-time high of $729.328 billion. This surge marks a significant build-up in the nation'...

Non-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...

India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBI’s 2013 FCNR(B) ...

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...