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IIT Roorkee, IvyCap Ventures and NuQuant announce Rs 1,000 crore Super Endowment initiative to strengthen India’ s research, innovation and DeepTech ecosystemIIT Roorkee, in partnership with IvyCap Ventures and NuQuant, has launched a Rs 1,000 crore Super Endowment Fund to fuel India's deep-tech ...- Banks seek RBI clarity on leveraged NRI FCNR deposit structuresIndian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, li...
- India remains ADB's largest private sector market; lender eyes USD 1 bn direct support in 2026India stands at the forefront of the Asian Development Bank's investment strategies as the lender aims to deploy roughly USD 1 billion in d...
- India on track for $1 trillion exports in FY27: Piyush GoyalIndia is poised to hit its ambitious $1 trillion export goal by FY27, despite ongoing West Asia challenges, according to Commerce Minister ...
- South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...
- France mobilises €13 billion for tech sovereignty funding pushFrance has secured €13 billion in new funding for technology firms. This boost comes from institutional investors under the Tibi initiative...
- Banks seek RBI nod to let NRIs break & rebook existing depositsTo incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...
- OFCD case: SC agrees to hear SEBI's plea against SAT relief to SICCL managersThe Supreme Court will hear a plea from SEBI. SEBI challenges a Securities Appellate Tribunal order. The order granted relief to four manag...
- RBI removes cap on NRI deposit rates until SeptemberThe Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...
- RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...
- RBI temporarily eases FCNR(B), NRE deposit rate norms to attract overseas fundsThe Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...
- How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREsThe Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...
- CM Satheesan says budget will reflect new govt's vision despite resource crunchKerala's new government faces a tough financial situation. Chief Minister V D Satheesan revealed the upcoming budget will be prepared with ...
- CCI approves Kedaara Capital's Rs 750 crore stake purchase proposal in Axis FinanceIndia's competition watchdog has given the green light for Kedaara Capital to invest Rs 750 crore in Axis Finance. This marks a significant...
- PSU banks see sharp jump in green deposits FY26; deploy funds for clean transport, renewable energyIndian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...
- Homebuyers 'fraud' case: ED attaches fresh assets worth Rs 503 crore of Raheja DevelopersThe Enforcement Directorate has attached fresh assets worth approximately Rs 503 crore in a money-laundering probe against Raheja Developer...
- FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
- Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
- RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
- RBI forex measures to lower banks' overseas borrowing costs by 2-2.5 per cent, aid inflows: ReportNew RBI measures aim to make overseas borrowing cheaper for banks. External commercial borrowing costs may drop by up to 2.50 percent. This...
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