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About 425 results for "fcnr"

Indian Bank revises interest rates in FCNR(B) deposits
Money Control

Indian Bank revises FCNR(B) deposit rates

Public sector Indian Bank has revised its interest rates on foreign currency non-resident (banking) term deposits with immediate effect. For FCNR (B) deposits, in USD, the revised interest rates are fixed at 2.11 per cent for deposits of one year and above ... Business Line, 22 hours ago

80 images for fcnr

Money Control, 22 hours ago
Deccan Chronicle, 22 hours ago, 6 days ago
DNA India, 3 weeks ago
Financial Express, 1 month ago
Sahara, 1 month ago, 1 month ago
International Business Times India, 1 month ago
Yahoo! India, 1 month ago, 1 month ago

Most of $26-b FCNR(B) deposits raised by banks redeemed

Redemption did not create any ripple effect, says top banker Mumbai, December 2: A chunk of the $26 billion that banks raised via three-year foreign currency non-resident (bank) deposits in 2013, after the RBI opened a special concessional window for swapping ...
 Business Line6 days ago Indian banks meet 90 per cent of FCNR redemptions  Indian Express1 week ago

How banks and RBI managed FCNR redemptions

The forex market saw an acute dollar shortage and negative forward premium in November
 Business Standard1 week ago FCNR redemption: The long and the short of it  Livemint.com1 month ago

RBI bought a net of $4.6 billion in September to meet FCNR(B) redemptions

MUMBAI: The Reserve Bank of India made a net purchase of $ 4.6 billion from the sport market in September to meet the redemption requirement of FCNR(B) deposits, a data release in the Reserve Bank's monthly Bulletin said. The central bank bought $ ...
 Economic Times4 weeks ago RBI tries forex balm to calm FCNR redemption stress  Economic Times1 month ago RBI is seen digging into reserves as FCNR-B redemption begins  Economic Times1 month ago No cut in CRR: Likely FCNR B deposit redemption may put pressure on liquidity  Business Line2 months ago

Banks, rupee stay resilient to FCNR redemptions

Dubai: Indian banks have quietly redeemed most of Foreign Currency Non-Resident-B (FCNR-B) deposits by November end even as they scrambled to handle the after effects of the government's decision to scrap high value notes of the denomination of ...
 Gulf News4 days ago Banks, rupee remain resilient to FCNR redemptions  Gulf News4 days ago HOLD YOUR NERVE Need Not Worry Too Much About The Depreciating Rupee, Says FirstRand Bank  Bloomberg-Quint2 weeks ago Commotion over rupee  Business Standard2 months ago

Demonetization: Raining deposits to help banks redeem FCNR drain

The deluge of deposits is also forcing banks to lower both deposit and lending rates in next few weeks as they grapple with historic deposit growths
 DNA3 weeks ago EMIs to fall as banks cut rates  MSN News US1 month ago Banks cut lending and deposit rates  Livemint.com1 month ago
Sahara Samay English

FCNR payments, strong US dollar deplete India's forex reserves

Mumbai: A strengthened US dollar and FCNR B (Foreign Currency Non Resident Bank) payments, drained $1.50 billion from India`s foreign exchange (Forex) kitty, experts said on Saturday. According to the Reserve Bank of India`s (RBI) weekly ...
 ZeeNews.com1 month ago FCNR payment, strengthened US dollar deplete Forex reserves  Yahoo! India1 month ago
International Business Times India

Re eyes Rosneft dollars to tide over FCNR (B) outflow

Redemptions of $26 billion raised in 2013 have started, putting pressure on the rupee
 DNA1 month ago World's fastest-growing economy gears up for $25 billion outflow programme  International Business Times India1 month ago

Rupee opens flat at 66.72 per dollar

The USD-INR pair continues to trade in the 66.50-67/dollar range with intervention keeping it in a very tight range, as FCNR redemptions continue, says Ashutosh Raina of HDFC Bank.
 Money Control1 month ago Rupee seen trading in 66.50-67.30 range this week: Ind-Ra  Economic Times1 month ago Rupee opens higher at 66.71 per dollar  Money Control1 month ago
International Business Times India

Rupee loses sharply to close at 66.89 to US dollar

The depreciation in rupee against the US dollar is being attributed to the $25 billion FCNR deposit redemption and FII selling. Tourists walk past a currency exchange shop at a shopping arcade in New Delhi August 20, 2013Reuters file The Indian ...
 International Business Times India1 month ago Staying long with stop loss at around 8,650  Business Standard2 months ago RBI to keep a close watch on rupee as Fed readies to tighten  Economic Times1 month ago
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