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NRI deposit interest rates
Finance · 9 updates
Small banks lure NRI deposits with high rates
This bank revises NRE rates to 7.60%, FCNR to 7.40%
Banks mobilise $27.99bn via FCNR deposits
Which bank is offering highest FCNR interest rates?
NRI dollar rush sends bank deposits soaring
Banks cut FCNR rates on 3-5-year deposits
$127-bn pain may actually be RBI's jackpot
New Delhi | Mumbai: The Centre does not expect the Reserve Bank of India (RBI) to face material costs from the unprecedented $127-billion inflows through forex inflow schemes underpinned by a swap facility, people aware of the details of the dedicated plans that closed August 31 told ET.This assessment comes amid concerns the foreign currency non-resident-bank (FCNR-B) and other forex inflow programmes may have a high cost for the central bank, stemming largely from hedging and liquidity management expenses.The RBI is, however, expected to earn good returns when these record inflows are deploy
FCNR(B) Deposit Boom Reshapes Banking Race, ICICI Bank And Foreign Lenders Emerge As Key Winners
FCNR(B) Inflows May Cut Indian Banks’ Funding Costs By Upto 50 Bps As Liquidity Improves
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