Rs 20,000 crore credit guarantee scheme hasn’t taken off as banks continue to shy away.
Smaller and mid-sized Indian banks are utilizing GIFT City hubs to tap into the RBI’s lucrative leverage-backed FCNR(B) deposit scheme…
Experts say the holding company’s listing fate still hinges on the decision on its pending CIC deregistration plea
The Reserve Bank of India’s holdings of government securities surged to 17.6% by March-end after a record ₹8.56 lakh crore…
The Indian rupee fell 35 paise to 94.68 against the dollar, ending a six-day gain amid strong dollar demand and…
SBI Mutual Fund’s Rajeev Radhakrishnan warns that narrowing yield spreads between Indian and global bonds could challenge foreign portfolio inflows…
Following the RBI’s temporary withdrawal of interest-rate caps on NRE and FCNR (B) deposits, commercial banks are rapidly adjusting their…
Foreign portfolio investors have poured Rs 31,933 crore into Indian government securities via the fully accessible route in June, a…
Sebi plans stricter advertising rules for online bond platforms to enhance investor protection, ensure transparency, and prevent misleading claims about…
The Indian rupee strengthened after the US-Iran peace deal lowered oil prices, boosting Asian currencies. RBI measures and easing geopolitics…
Bank of Baroda aims to mobilize $3 billion in FCNR(B) deposits, leveraging its strong NRI network to capture a chunk…
Move to suck out ₹50,000-₹60,000 crore; derivatives market may bear the brunt
Foreign portfolio investors (FPIs) stepped up purchases of Indian government securities, investing a 15-month high of ₹15,895 crore in June…
The Indian rupee strengthened significantly by 64 paise on Friday, testing the 95.12 level. Optimism surrounding a potential US-Iran peace…
Indian lenders urge the RBI to clarify if overseas branches can provide leverage to depositors placing FCNR(B) funds, echoing structures…
With the RBI allowing depositors to leverage, the scheme’s attractiveness has improved further
Outstanding FCNR(B) deposits stood at $33.8 billion at the end of March 2026, compared with $32.8 billion a year earlier.
“Whatever inflows are expected to come will help the system liquidity. In addition, the government’s cash balances has increased Rs…
