Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...

Several Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...

New measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...

Short-term Indian government bond yields have dropped to their lowest in three months. This move steepens the yield curve significantly. Ex...

Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...

Indian banks are significantly increasing rates on foreign-currency deposits to attract overseas residents, testing the central bank's new ...

India is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...

The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned comp...

The Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...

The Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...

Banks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...

On Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...

The Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...

The rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging ⁠FX ⁠exposure, pl...

The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...

The Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...