Storia in 2 fonti

Euphoria over FCNR (B) deposits misplaced

Sections of the Indian diaspora in the US are facing an income squeeze, which may cloud the prospects of this scheme

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thehindubusinessline.com

economictimes.indiatimes.com

Confronto fonti

2 prospettive sulla stessa storia

AI · summaries

thehindubusinessline.com1 mese fa

Banks dangle mega returns to lure NRIs to FCNR(B) deposits

Banche indiane offrono FCNR(B) fino 14% via leverage 9x ($1M minimo); RBI copre hedging fino settembre. SBI e player guidano $40-45B inflow; accelera AI/compliance stack fintech per wealth management.

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economictimes.indiatimes.com1 mese fa

Banks seek RBI nod to let NRIs break & rebook existing deposits

To incentivise foreign currency inflows, the Reserve Bank of India will swap fresh dollar term deposits raised until end-September at par. In effect, the RBI will bear the entire hedging cost on deposits mobilised under…

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Timeline cronologica

martedì 16 giugno 2026·thehindubusinessline.com
Canara Bank launches new FCNR(B) Special Deposit Scheme for NRIs
Canara Bank introduces FCNR(B) Special Deposit Scheme for NRIs, offering up to 6.50% interest on USD deposits with tax benefits.
martedì 16 giugno 2026·thehindubusinessline.com
Banks dangle mega returns to lure NRIs to FCNR(B) deposits
Indian banks attract NRIs with FCNR(B) deposits offering up to 14% returns and significant leverage on investments.

Banks dangle mega returns to lure NRIs to FCNR(B) deposits

Banks seek RBI nod to let NRIs break & rebook existing deposits

Timeline cronologica

Canara Bank launches new FCNR(B) Special Deposit Scheme for NRIs

Banks dangle mega returns to lure NRIs to FCNR(B) deposits

Banks seek RBI nod to let NRIs break & rebook existing deposits

Banks seek RBI nod to let NRIs break & rebook existing deposits - The Economic Times

Euphoria over FCNR (B) deposits misplaced