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Fresh FCNR (B) deposit inflows robust at $17.406 billion under RBI’s limited period swap facility
RBI reports strong $17.406 billion inflow in FCNR (B) deposits, highlighting robust NRI interest under the swap facility.
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thehindubusinessline.com
FCNR(B) mobilisation starts slow; banks remain optimistic on September-end targets
NRI participation in FCNR(B) deposits is cautious, but banks remain hopeful for increased inflows by September-end.
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economictimes.indiatimes.com
Regional conflict-driven curbs weigh on flow: FCNR(B) inflows may miss initial estimates, says HDFC Bank CEO
Expected FCNR(B) deposit inflows are now projected at fifty to fifty-five billion dollars. Taxation complexities for nonresidents and tighter West Asian liquidity are impacting…
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Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rush - The Economic Times
Banks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships are being forged. Demand from…
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RBI says $20 billion mobilised under the special foreign currency scheme
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
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Indian banks mobilise $20.7 billion under RBI's special incentive window
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
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RBI’s concessional swap facility attracts $20.72 billion in forex inflows
RBI's concessional swap facility has attracted $20.72 billion in forex inflows, led by FCNR(B) deposits, strengthening India's external sector and liquidity.
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Fresh FCNR (B) deposit inflows robust at $17.406 billion under RBI’s limited period swap facility
RBI reports strong $17.406 billion inflow in FCNR (B) deposits, highlighting robust NRI interest under the swap facility.
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timesofindia.indiatimes.com
India's forex boost: RBI's swap scheme raises $20.72 billion so far
Reserve Bank of India's special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of the money coming through Foreign Currency…
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Inflow boost: Foreign deposits, swaps draw $21bn in 40 days
MUMBAI: RBI has said $20.7 billion has been raised through its concessional swap facility for FCNR(B) deposits, OFCBs and ECBs till July 17, reflecting investor interest after the…
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Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facility
Foreign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twenty billion dollars in total inflows. …