Tag: FCNR(B) Deposits

India becomes world’s 4th largest forex holder

India becomes world’s 4th largest forex holder

India has become the fourth largest holder of foreign exchange reserves in the world...

RBI’s dollar-rupee swap facility draws $136.38 billion foreign currency inflows, FCNR(B) deposits lead surge

RBI’s dollar-rupee swap facility draws $136.38 billion...

India’s banking system has attracted $136.38 billion in foreign currency inflows...

RBI's dollar-rupee swap facility helps rake in $73 billion forex in 11 weeks

RBI's dollar-rupee swap facility helps rake in $73 billion...

The Reserve Bank of India's special USD-INR forex swap facility for FCNR(B) deposits,...

Banks step up drive to woo NRI deposits ahead of shortened RBI deadline

Banks step up drive to woo NRI deposits ahead of shortened...

Indian banks have stepped up their efforts to attract FCNR(B) deposits by offering...

Swap facility for dollar deposits to be available only for deposits mobilised till August 31: RBI

Swap facility for dollar deposits to be available only...

After witnessing an encouraging response and the resultant forex inflows, the Reserve...