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RBI move sparks race among banks to raise FCNR(B) deposit rates;
Competition among banks to attract foreign currency deposits from Non-Resident Indians (NRIs) has intensified after...
RBI exempts fresh FCNR(B) deposits from CRR, SLR norms till Septe
The Reserve Bank of India (RBI) has exempted fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised...
Jefferies sees RBI’s FCNR-B, ECB measures could attract $50-70 bi
The Reserve Bank of India's latest measures to facilitate Foreign Currency Non-Resident Bank [FCNR(B)] deposits and...
RBI launches twin USD-INR forex swap facilities to attract foreig
The Reserve Bank of India (RBI) announced two special US Dollar-Rupee forex swap facilities--one for fresh...
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