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Depositors await clarity on leverage
MUMBAI: Reserve Bank of India’s sweeping overhaul of FCNR(B) deposit rules has triggered intense interest among non-resident investors, but a lack of clarity on leveraged structures has left banks and high-net-worth individuals in a wait-and-watch mode even as flyers on social media promise 13.83% return to NRIs.
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4 prospettive sulla stessa storiaTimeline cronologica
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thehindubusinessline.com
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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gulfnews.com
NRIs in UAE: Deposit restrictions eased until September — how you can benefit
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.
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timesofindia.indiatimes.com
Depositors await clarity on leverage
MUMBAI: Reserve Bank of India’s sweeping overhaul of FCNR(B) deposit rules has triggered intense interest among non-resident investors, but a lack of clarity on leveraged…
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economictimes.indiatimes.com
Banks seek RBI clarity on leveraged NRI FCNR deposit structures
Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, like SBI, have already launched structured…
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Bankers’ expect RBI to issue detailed FAQs on limited period high interest rate FCNR (B) deposits
Bankers anticipate RBI will release FAQs to clarify regulations and address concerns about high interest FCNR (B) deposits.