Storia: Banks hike FCNR(B) deposit rates to attract NRI funds after RBI forex swap move

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Indian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 350 basis points. This move follows the…

Banks hike FCNR(B) deposit rates to attract NRI funds after RBI forex swap move

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Banks hike FCNR(B) deposit rates to attract NRI funds after RBI forex swap move

Timeline cronologica

‘$55-65 billion expected to flow into the country on RBI measures on FCNR (B) deposits, ECBs

Some lenders hike rates on FX deposits for non-resident Indians - The Economic Times

Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

Banks target Indian diaspora in $50B deposit drive to support the rupee

Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflows

FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move? - The Economic Times

Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India and more - The Economic Times

Banks raise NRI deposit rates to draw dollar inflows - The Economic Times

Banks kick-off rate hikes on FCNR (B) deposits

Banks hike FCNR(B) deposit rates to attract NRI funds after RBI forex swap move

Bank of Baroda launches new FCNR (B) Deposit Scheme for NRIs

Smaller lenders offer over 7% on USD deposits in bid to attract FCNR(B) deposit rates

RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD deposits

FCNR interest rates up to 7.13%: NRIs, OCIs, POIs can earn higher returns as PNB, ICICI Bank, Axis Bank and others revise rates - The…

Banks target Indian diaspora in $50B deposit drive to support the rupee

PNB, Ujjivan raise FCNR deposit rates

Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflows