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SECURITY DEPOSITS
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...13 Jun, 2026, 12.21 PM IST- Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...13 Jun, 2026, 11.32 AM IST
- RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...13 Jun, 2026, 12.34 AM IST
- Higher crude prices fuel bank lending boom; credit growth hits 17.7%, fastest since June 2024Bank lending saw its fastest growth in almost two years by May 31, 2026. Credit expanded significantly, reaching Rs 215.2 lakh crore. This ...12 Jun, 2026, 01.06 PM IST
- Australia imposes record $211 million fine on collapsed broker Union Standard, representativesAustralia's federal court has imposed a record A$300.2 million fine on Union Standard and its representatives. The foreign exchange broker ...12 Jun, 2026, 12.48 PM IST
- CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...11 Jun, 2026, 12.45 AM IST
- RBI's measures may attract USD 60-70 billion foreign capital, support rupee: India RatingsNew measures by the RBI and government aim to attract foreign capital. These steps are expected to bring in USD 60-70 billion. This influx ...10 Jun, 2026, 05.46 PM IST
- Central Bank of India ordered to pay Rs 2.5 lakh compensation to customer for losing original property papersA consumer commission held the Central Bank of India liable for losing a land title deed deposited as collateral for an agricultural loan. ...10 Jun, 2026, 02.23 PM IST
- Bank stocks rally as RBI steps lift mood, trigger short coveringOn Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency...10 Jun, 2026, 07.14 AM IST
- Kuki Inpi Manipur strongly condemns killing of Haogin LhouvumKuki Inpi Manipur strongly condemned the killing of Haogin Lhouvum in Tamenglong District. The organization pointed to a severe failure in ...09 Jun, 2026, 11.17 PM IST
- From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...09 Jun, 2026, 05.20 PM IST
- Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...09 Jun, 2026, 11.39 AM IST
- SBI, PNB, other PSU bank stocks tumble up to 21% from record highs. Time to buy or wait?Public sector bank stocks have seen a significant drop from their recent peaks. The Reserve Bank of India has introduced measures to attrac...09 Jun, 2026, 09.36 AM IST
- Bengaluru rent making survival 'very difficult': What's causing house rent prices to increase? Woman exposes the expectation vs reality gapA Bengaluru woman has sparked an online debate about the city's rising rental costs after claiming that many landlords assume every tenant ...06 Jun, 2026, 11.29 PM IST
- In Gurgaon's rent scam, tenants claim losing Rs 70,000 and being thrown out of flat at nightGurgaon tenants faced a financial crisis after a property manager allegedly pocketed their rent and security deposit. The actual owner disc...05 Jun, 2026, 08.56 AM IST
- Owner, broker dispute leads to Rs 70,000 loss for tenants: Renters forced to vacate the property near DLF Gurgaon even after paying rentThree tenants in Gurgaon faced eviction from their rented flat. They claim to have lost ₹70,000 after paying rent and a security deposit to...04 Jun, 2026, 08.40 PM IST
- 'No arguments, no threats': Gen Z tenant denied security deposit refund teaches the housowner a lesson he won't forget through his actionsA Gen Z tenant's alleged response to a deposit dispute has caught attention online. According to a widely shared account, the tenant printe...02 Jun, 2026, 12.32 PM IST
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