India's financial landscape is rapidly digitizing, with smartphones becoming central to everyday money management. Once separate, banking a...

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Money market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. ...

The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forwar...

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overse...

The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract ...

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE...

The Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. T...

Following RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...

Indian state-owned banks witnessed a significant rise in green deposits during FY26. This growth reflects growing depositor interest in sus...

Recurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices fo...

FCNR(B) interest rates: The Reserve Bank of India's announcement to bear hedging costs for FCNR(B) deposits has prompted SBI to revise its ...

Small savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering retur...

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...

FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...

India is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...