FCNR deposits: Why RBI wants more NRI foreign currency inflows and what they offer
The Reserve Bank of India's (RBI) latest push to attract Foreign Currency Non-Resident (Bank), or FCNR(B), deposits has brought the...
archiveFCNR deposits
FCNR scheme could bring $70-80 billion from NRIs to boost India’s forex reserves
India’s ongoing Foreign Currency Non-Resident (FCNR) deposit initiative has the potential to attract $70-80 billion in foreign currency inflows from...
NRIs can bring USD 70-80 bn into India through FCNR deposits: Rediff Moneynews
NRIs can invest USD 70-80 billion in India via FCNR deposits, offering higher interest rates. This initiative strengthens India''s forex...
India, UAE central banks meet to discuss foreign-currency deposit issues | Finance News
India and the United Arab Emirates’ central banks have held discussions to resolve issues hampering the South Asian nation’s...
Govt eyes stronger forex reserves; FM likely to meet banks soon
The Centre is preparing to step up efforts to bring more foreign currency into the country as pressure on the...
Rupee under pressure: RBI announces multiple steps to bring more dollars into India
With the rupee under pressure from rising crude oil prices and heavy foreign investor outflows, the Reserve Bank of India...
Why RBI Isn’t Fighting The Rupee’s Fall Like It Did During 2013 Crisis
New Delhi: The Indian rupee has been among Asia's weakest-performing currencies in recent months. But despite the sustained pressure on...
