NRIs in UAE can now lock in higher FCNR(B) and NRE deposit rates as RBI eases rules until September 2026. Learn how to maximise returns and protect against rupee risk.

Indian banks attract NRIs with FCNR(B) deposits offering up to 14% returns and significant leverage on investments.

The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE accounts. The changes aim to attract…

The Reserve Bank of India has removed interest rate caps on specific non-resident deposits. This move grants banks more freedom to attract foreign funds. The changes are effective…

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overseas funds until September 30, 2026. This…

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…

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