Tag: FCNR
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RBI to meet bank EDs on Wednesday ahead of policy, with focus on FCNR mobilisation
According to the central bank, its discussions with bank managing directors (MDs) covered broad issues relating to the financial sector, including technology adoption, customer...
RBI FCNR FAQ: Why brokerages see bigger upside for banks
RBI’s clarification on the FCNR(B) Deposit Swap Scheme is being seen as materially positive for Indian banks, with brokerages saying that the FAQ meaningfully...
RBI wants to attract more FCNR deposits. But where is NRI money actually sitting?
RBI will bear hedging costs on new FCNR-B deposits till September 2026 to draw foreign currency, reviving a 2013 style playbook even as NRO...
Bandhan Bank hikes FCNR deposit rates up to 7.1% for maturities of 3-5 years after RBI swap move
लाइवमिंटलगभग एक दशक से, लाइवमिंट-न्यूज़ डेस्क प्रामाणिक और सामयिक समाचारों और राष्ट्रीय समाचार, व्यापार, व्यक्तिगत वित्त, कॉर्पोरेट्स, राजनीति और भू-राजनीति पर अच्छी तरह से...
Large banks could be biggest beneficiaries of RBI’s FCNR move: MOFSL’s Nitin Aggarwal
Nitin Aggarwal, Head-BFSI Research Institutional Equities at MOFSL, says the RBI’s latest FCNR deposit measures could attract $40–50 billion of foreign currency inflows over...
