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INDIA FOREX RESERVES
UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...24 Jul, 2026, 11.48 AM IST- RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...24 Jul, 2026, 10.15 AM IST
- RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...22 Jul, 2026, 07.49 PM IST
- Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...22 Jul, 2026, 08.16 AM IST
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...21 Jul, 2026, 11.14 PM IST
- Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facilityForeign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twen...21 Jul, 2026, 05.59 PM IST
- Rupee firms as oil retreats, traders gauge flow momentum under RBI measuresThe Indian rupee strengthened on Tuesday, benefiting from falling oil prices. Optimism over potential mediation in the U.S.-Iran conflict a...21 Jul, 2026, 12.22 PM IST
- Indian banks mobilise $20.7 billion under RBI's special incentive windowIn a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a ...21 Jul, 2026, 12.51 AM IST
- RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...20 Jul, 2026, 01.04 AM IST
- Gujarat emerges as top state in Niti Aayog's Investment Friendliness Index for states and UTsGujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's Investment Friendliness Index. Gujarat secured the top position due to its strong in...17 Jul, 2026, 05.43 PM IST
- India's forex reserves rise $964 million to $675.16 billion for week ended July 10India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...17 Jul, 2026, 05.10 PM IST
- NRIs can bring USD 70-80 bn into India through FCNR deposits: ExpertNon-Resident Indians can bring seventy to eighty billion US dollars into India. This inflow is possible through the ongoing FCNR initiative...17 Jul, 2026, 11.53 AM IST
- HSBC Offers 19x FCNR(B) Leverage in GIFT CityHSBC's GIFT City unit offers NRIs significant leverage on FCNR deposits. An NRI can borrow up to nineteen times their own funds for deposit...17 Jul, 2026, 05.56 AM IST
- Rupee slides to eight-week low as Middle East tensions, surging oil weigh on sentimentThe Indian rupee reached an eight-week low against the dollar on Tuesday. High crude oil prices and safe-haven dollar demand pressured the ...15 Jul, 2026, 05.52 AM IST
- Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflowsFinance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign curr...14 Jul, 2026, 12.53 AM IST
- Forex reserves rise $7.3 billion as FCNR & ECB flows pick upThe country's stockpile of assets denominated in foreign currencies rose $7.26 billion to $674 billion in the week ended July 3, the latest...11 Jul, 2026, 12.10 AM IST
- India's forex reserves rise $7.26 billion to $674.19 billion in week ended July 3India's foreign exchange reserves saw a substantial rise of $7.26 billion. These reserves reached $674.19 billion in the week ending July 3...10 Jul, 2026, 05.24 PM IST
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