Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...
15 Jun, 2026, 07.43 AM IST
Explained: Why RBI’s FCNR(B) and ECB swap window could be a game changer for banksRBI’s FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRI...
14 Jun, 2026, 03.38 PM IST
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
13 Jun, 2026, 06.14 AM IST
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
12 Jun, 2026, 04.34 PM IST
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
11 Jun, 2026, 09.02 PM IST
RBI allows banks to lend directly to REITs & InvITs, caps applyThe Reserve Bank of India now permits banks to directly fund Real Estate Investment Trusts and Infrastructure Investment Trusts. Strict rul...
11 Jun, 2026, 01.02 AM IST
Analysts see RBI measures steadying rupee, push back depreciation forecastsThe Indian rupee strengthened as falling crude oil prices and central bank measures to attract dollar inflows bolstered sentiment. Analysts...
09 Jun, 2026, 10.52 AM IST
RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...
09 Jun, 2026, 10.45 AM IST
Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...
01 Jun, 2026, 01.00 AM IST
Bond won't help this time: Why RBI should hike interest rate, instead of unleashing forex mobilisation schemes as in the pastReserve Bank of India's past emergency tools for raising foreign currency are no longer effective. Global interest rates have changed the f...
27 May, 2026, 12.21 AM IST
Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
05 May, 2026, 06.00 AM IST
NRI Talk: Why quant funds are the future of data-driven investments for NRIsIndia’s buoyant economic performance has played a critical role in attracting NRI investments. Supportive regulatory measures, Improved eas...
26 Dec, 2024, 09.00 AM IST
NRI re-entry roadmap: 7 smart financial tips for homecomingNavigate the best financial tips for NRI returning home for an easy transition! From savvy NRI banking strategies to seamless financial tra...
11 Dec, 2023, 02.09 PM IST
NRI deposits post `regular flow' after FY14 high as RBI withdraws incentivesFresh NRI deposit inflows more than halved to $11 billion in FY15 after RBI removed incentives, but flows remain high due to the interest r...
16 Jun, 2015, 10.43 AM IST
Sunday ET: Finance Ministry all ears as banks line up plans to boost forex inflowsUnder the circumstances, instead of hedging the dollar in the market, a swap with RBI — under which banks give dollar and receive rupee fro...
25 Aug, 2013, 04.15 AM IST
Led by SBI, banks hike NRI rates: Aim to attract US dollars from NRIsHigher interest rates could lead to banks' profitability eroding in the near term and rates for local depositors may begin to fall.
28 Dec, 2011, 05.49 AM IST
- Foreign banks team up with NRIs for debt MF play
NRIs used to borrow from foreign banks to park money as deposits with Indian banks. Gainers: BSE ( A, B ) | NSE | Losers: BSE ( A, B ) | NS...
16 Dec, 2008, 08.47 PM IST