SENSEX 74,796.90
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NIFTY 23,438.95
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CRUDEOIL 9,078.00
IFSC Banking Units disbursed $52 billion against FCNR(B) deposits, enhancing loan leverage options for overseas investors.
SENSEX 74,796.90
+ 32.67
NIFTY 23,438.95
+ 7.45
CRUDEOIL 9,078.00

Record FCNR (B) inflows as banks mobilise $127 bln

RBI reports $136.38 billion forex inflows under special swap facility as of August 31

Indian banks raise over $136 bn via RBI forex swap, FCNR(B) deposits dominate inflows

Explained: What $127 billion FCNR(B) inflows mean for ICICI Bank, HDFC Bank, other bank stocks

India secures record $127B in foreign-currency inflows from diaspora

Banks raised a record $127.226 billion in FCNR(B) deposits, driven by attractive rates and incentives during a recent 85-day…

Bank of India plans to raise up to $1 billion through a Medium-Term Note Programme for FCNR-B deposits.

RBI requests daily data from banks on foreign capital measures, including FCNR deposits, ECBs, and OFCBs, to attract investment.

Banks have raised $36.7 billion through FCNR(B) deposits under the RBI's hedging facility, helping lift India's total forex…

The private-sector lender will offer 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year…

IDBI Bank Introduces FCNR(B) Special Opportunity Deposit in USD with Attractive Returns for NRIs on Foreign Currency Deposits