Storia in 3 fonti

Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflows

Banks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wording to allow Non-Resident Indians to leverage multiple times for investments, crucial for the scheme's success in arresting the rupee's slide.

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economictimes.indiatimes.com

thehindubusinessline.com

cryptobriefing.com

Confronto fonti

3 prospettive sulla stessa storia

AI · summaries

cryptobriefing.com1 mese fa

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

India's RBI reopens FCNR(B) deposit window to attract up to $60 billion from NRIs abroad, offering 5.5%-7% rates on dollar deposits to stabilize the rupee.

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thehindubusinessline.com1 mese fa

Banks look to foreign funding to maximize RBI’s bazooka

Lenders have sought clarity on using NRI deposits as collateral to help attract additional foreign capital under the RBI’s latest scheme.

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Timeline cronologica

mercoledì 10 giugno 2026·economictimes.indiatimes.com
Banks raise NRI deposit rates to draw dollar inflows - The Economic Times
Indian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The Reserve Bank of India has introduced new…
giovedì 11 giugno 2026·thehindubusinessline.com
Banks look to foreign funding to maximize RBI’s bazooka
Lenders have sought clarity on using NRI deposits as collateral to help attract additional foreign capital under the RBI’s latest scheme.

Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflows

Confronto fonti

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

Banks look to foreign funding to maximize RBI’s bazooka

Timeline cronologica

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

Banks look to foreign funding to maximize RBI’s bazooka

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

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

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

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

Banks court wealthy Indian diaspora in $50 billion deposit drive - The Economic Times

Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflows

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

To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar deposits - The Economic Times