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About 24 results for "fcnr"

Indian Bank to cut rates for FCNR deposits

Indian Bank to cut rates for FCNR deposits

Chennai: State-owned Indian Bank has decided to cut its foreign currency non-resident (banking) deposit rates from Monday. In case of FCNR (B) deposits, in US dollars, for three years and above but less than four years, the rates have been revised ..., 4 days ago
Indian Bank revises rates for FCNR deposits Business Standard, 4 days ago

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APN News

Indian Bank revises FCNR(B) interest rates

Pic Courtesy: - Chennai: Indian Bank has revised its Foreign Currency Non-Resident (banking) term deposit interest rates with immediate effect. For FCNR (B) deposits, in US Dollar terms, the revised interest rate has been fixed at 1.59 percent for ...
 ZeeNews.com2 months ago LASER World of PHOTNICS INDIA 2015increases its exhibition space with new entrants  APN News2 months ago Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.08.2015  Noodls2 months ago CENTRAL BANK OF INDIA : Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.08.2015  4 Traders2 months ago

Tax-free bonds looking attractive after rate cut

With RBI’s repo rate cut to result in banks first lowering deposit rates, tax-free bonds proposed to be floated by government companies look extremely attractive, say experts. While deposit rates will be lowered progressively over the next few days as banks ...
 The Financial Chronicle1 week ago

Rupee falls, NRI remittances surge

After the fall in the rupee's value, the flows are growing at 15-18 per cent. The fall in the rupee's value against the dollar has pushed the pace of remittances from Indians abroad by 18 per cent. Flows into non-resident Indian bank deposits have moved hand in hand, although at a rate less than the surge in 2013. Foreign currency exchange dealers and bankers said the rise in flows was a typical trend when the rupee value goes down. Inflows have risen both from people who send money to ...
 Rediff.com3 weeks ago

A complete guide to NRI tax implications

RETURNING INDIANS A returning NRI should know and understand various aspects of Foreign Exchange Regulations (FEMA),Indian Taxation and Banking Regulations in order to rearrange his financial affairs in India and outsideIndia. FOREIGN EXCHANE ...
 CAclubindia1 month ago
Times of India

Give banks priority sector lending benefit to boost gold monetisation, says WGC

KOLKATA: The World Gold Council has said that the government should provide an incentive to banks to promote the proposed gold monetisation scheme aggressively since the finance ministry is unlikely to link the scheme to the cash reserve ratio. "If ...
 Times of India1 month ago
APN News

Banking sector sees weak credit demand due to higher risk aversion: Dun & Bradstreet Top Banks 2015

Previous story: Reliance and Jasper Partner to Deliver IoT Services Across India and Make Smart Cities a Reality Next story: Credit growth of scheduled commercial banks (SCBs) decelerated from 14.5% in FY14 to 9.7% in FY15 on account of ...
 APN News1 month ago
NDTV Profit

RBI Will Not Hesitate to Use Reserves to Reduce Rupee Volatility: Rajan

We have 355 billion dollars, plus another 25 billion in forward purchase that are not required until next year to meet foreign currency FCNR liabilities. RBI will not hesitate to use reserves to reduce rupee volatility. Central bank needs to ...
 NDTV Profit1 month ago
The Hindu

Exchange rate to determine corporate profitability

In India, the sectors expected to be directly impacted by yuan devaluation, according to ICRA, include, steel, tyre and auto component The fall in the value of rupee, which is nearing 66 a dollar, is likely to impact corporate earnings and ...
 The Hindu1 month ago

Mangaluru: Loan Upto Rs 1 Lakh to Farmers Corporation Bank ED Srivastav

Publhed Date : Saturday, August 8th, 2015Time posted: 12:00 pm By - RAJ, Pics by JP, Team Mangalorean Mangaluru : Public sector Corporation Bank held a press meet dcussing the performance highlights of the first quarter of the current fcal, ...
 Mangalorean2 months ago
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