For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

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.

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This move follows the RBI's new USD/INR forex…

For the first time in years, the math is actually working for non-resident Indians to invest dollar savings in India.

Bankers anticipate RBI will release FAQs to clarify regulations and address concerns about high interest FCNR (B) deposits.

Foreign currency deposits are poised for a boost as the RBI removes interest rate caps on certain non-resident accounts until September. This move aims to attract overseas funds,…

MUMBAI: Reserve Bank of India has opened the floodgates for foreign capital, allowing Indian banks to route money from overseas branches to non-resident Indians for deposits back…

India is turning to its overseas community to boost its foreign currency inflows, with banks expected to offer substantial leverage on special foreign-currency deposits. This…