Home
Storia in 1 fonti
As West Asia boils again, RBI likely to assess FCNR flows
The Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and potential dollar loan rate hardening. Banks are facing challenges in finalizing fixed lending rates for non-resident Indians. Higher borrowing costs may necessitate increased leverage for attractive NRI deposit yields. The central bank's assessment will consider the current market situation and deposit mobilization.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
- ·
FCNR-B flows taper as higher costs trip math for double-digit returns
Indian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting banks' leverage offerings to clients.…
- ·
As West Asia boils again, RBI likely to assess FCNR flows
The Reserve Bank of India will review foreign currency deposit inflows next week. This meeting follows rising Middle East tensions and potential dollar loan rate hardening. Banks…