HSBC has mobilised about $5.5 billion in non-resident Indian deposits by offering highly leveraged loans under the RBI's FCNR(B) window, ou...

Bank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 ...

Global investors show increased interest in India's equity markets recently. Corporate earnings and economic performance have remained quit...

In a remarkable turn of events on Friday, the Indian rupee surged against the US dollar, largely due to a significant decrease in crude oil...

On Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge t...

While RBI has now permitted to offer upto 1.50% higher interest rates compared to current levels, the actual rates the banks will offer dep...

RBI is suspected to have intervened heavily to curb the rupee’s sharp slide over the past 7 days when overseas investors sold local shares,...

Tuesday’s policy review holds significance as it comes in backdrop of a global economic situation that is in a flux & mixed signals on dome...

"The short end of market has moved quite rapidly over the last 18 months because of the liquidity," says Shilpa Kumar, ICICI Bank.

Rajan said that India's strong economic fundamentals would help in absorbing the shock. He added that a good monsoon can lift sentiment and...

FCNR-(B) is more of an operational issue and I am sure since it is known, it would be settled out very well.

RBI governor Raghuram Rajan has long warned of volatility in global financial markets because of divergent monetary policies.

"With rupee at 61.5 or so, buyers will emerge, whether they are importers, or specifically oil importers looking to cover what they have to...

The governor also said that he is there to balance growth with inflation etc, says Anish Damania.

'Assuming that the data going to be positive and they do decide to taper $50 billion, its impact on the US economy would be equally destruc...

RBI freed up interest rates on FCNR Account. The result: a significant spike in interest rates on all these accounts. So NRIs have a choice...