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Numbers Boost: FCNR-B inflows help banks cut expensive bulk depositsIndian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...- Can you use glass cleaner for TV screen? The common cleaning mistake that could damage your televisionUsing ordinary glass cleaner can harm the sensitive coatings of your television screen. Strong chemicals, such as alcohol and ammonia, can ...
- Janmashtami 2026 date and time: September 4 or 5? Check when Krishna Janmostsav will be celebrated in Bengal, Vrindavan, Gujarat and other cities in IndiaJanmashtami 2026 date in India: Krishna Janmashtami 2026 will be celebrated onSeptember 4, not September 5. The confusion arises because th...
- Feast of Bones: How Burmese pythons neutralize deadly calcium surges when eating prey wholeBurmese pythons have evolved unique intestinal cells that help maintain their mineral balance. These specialized cells are responsible for ...
- At $729 billion, India's forex kitty a recordIndia's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...
- Centre weighs special Parliament session in September for women’s quota billThe Centre is considering a special Parliament session in September. This session aims to pass the delimitation-linked women quota bill. An...
- Rupee gains this week as dollar supply surges ahead of deposit window's closeThe Indian rupee managed to finish higher on Friday, achieving a weekly upswing bolstered by a jump in dollar liquidity as a special deposi...
- Raksha Bandhan 2026 Shubh Muhurat: Know exact Rakhi tying time, Purnima tithi, shubh muhurat and Bhadra KaalCheck Raksha Bandhan 2026 Shubh Muhurat, Rakhi tying time, Purnima Tithi and Bhadra Kaal. Know the auspicious time to tie Rakhi on Raksha B...
- NRI deposit inflows dip 23%; FCNR draws 124% moreNon-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...
- Home loan portfolio set to cross Rs 10 lakh cr milestone this quarter: SBI ChairmanThe mortgage portfolio of State Bank of India is set to hit a monumental Rs 10 lakh crore this quarter, highlighting its robust role in the...
- Yes Bank, RBL put dollar bond plans on holdYes Bank withdrew its dollar debt plan as investors sought higher yields. RBL Bank also postponed their dollar bond issuances. These lender...
- SBI eyes $10 billion from NRIs, foreign investors ahead of RBI swap window closureState Bank of India expects to gather USD 10 billion from non-residents and foreign investors. The bank's total business aims to reach Rs 2...
- RBI's concessional swap scheme mobilises $73 bn in less than 11 weeksThe RBI’s special forex swap facility has mobilised $73 billion in foreign exchange inflows as of August 21, with FCNR(B) deposits accounti...
- ICICI raises $1 billion, Union Bank $600 million through dollar bondsICICI Bank raised $1 billion through a five-year private dollar bond, while Union Bank of India secured $600 million in its first internati...
- Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MDIndian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volum...
- India gets $72.8 billion in dollar inflows under RBI swap facilityIndia has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency b...
- Banks ride RBI swap wave to raise $12 billion via overseas debtThis week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank o...
- India's forex reserves soar by $9.9 billion to $716.90 billion as on August 14India's foreign exchange reserves jumped $9.905 billion to $716.90 billion in the week ended August 14, RBI data showed. Reserves had risen...
- Placing aluminium foil on windows: How this simple home trick works, its benefits and the right way to use it to keep rooms cooler in summersUsing aluminum foil to cover windows can efficiently reflect sunlight and minimize heat accumulation indoors. This budget-friendly trick se...
- FCNR(B), nothing magical about itThe Reserve Bank of India is prematurely closing a special window for FCNR(B) bank deposits from the Indian diaspora, originally set to end...
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