By Badri Nivas Between September and November of this year, India will witness a likely $26 billion outflow of FCNR-B deposits, raised under a special Reserve Bank of India (RBI) scheme in 2013 aimed at boosting reserves. Given the absence of any ... Economic Times, 2 days ago
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FCNR (B) Redemption Risk Manageable, External Volatility May Create Tail End Risks The foreign currency non-resident bank account FCNR (B) deposit redemption which begins in September 2016 is unlikely to be disruptive for the bond and currency ...Capital Market, 1 week ago FCNR (B) redemption unlikely to impact bond, currency markets: Ind-Ra Business Line, 1 week ago ET in the classroom: How do NRI deposits help? Economic Times, 3 weeks ago FCNR deposits of 2013 set to mature; Reserve Bank ready to tackle volatility Hindu Business Line, 1 month ago
Outside RBI Headquarters in Mumbai. Photo: Kamlesh Pednekar The market would be closely watching how the Reserve Bank of India (RBI) handles the foreign currency non-resident bank account or FCNR(B) related outflow in September. Even so, a ...Smart Investor, 3 weeks ago FCNR (B) deposit payback should be smooth, says Edelweiss, FX dealers Smart Investor, 4 weeks ago
BENGALURU: Vijaya Bank has revised the interest rates on FCNR (B) deposits with effect from May 1 as per the latest RBI guidelines. For deposits between one and two years, the interest rates are 1.64 per cent for British Pound, 1.96 per cent for US ...New Indian Express, 3 weeks ago CENTRAL BANK OF INDIA : Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.05.2016 4 Traders, 3 weeks ago Central Bank of India revises interest rates on FCNR-B deposits HT Syndication, 3 weeks ago Indian Bank revises interest rates Moneycontrol.com, 1 month ago
More from: NDTV Profit, NDTV...and 4 other sources
The Reserve Bank of India (RBI) on Wednesday said it is fully prepared to contain market volatility as well as address liquidity needs when foreign currency non-resident (banks) deposits start maturing in September this year. Banks had raised ...Smart Investor, 1 month ago RBI cautions against forex volatility due to FCNR (B) maturity Economic Times, 1 month ago PTI - RBI-RAJAN 2 LAST Namibia Press Agency, 1 month ago
More from: , Business Standard...and 1 other sources
The Reserve Bank of India (RBI) on Wednesday said it was in readiness to contain market volatility and address liquidity needs at the time of FCNR (B) maturity starting September. Banks had raised about $34 billion between September and November ...Business Standard India, 1 month ago
Banks who were offered a swap facility from the RBI to attract foreign currency non-resident (FCNR-B) scheme in September 2013 will not get a similar facility if they decide to rollover the deposits when these mature later this year, RBI governor ...Financial Express, 1 month ago
In a chat with , Mythili Bhusnurmath, Consulting Editor and Akhil Mittal, Senior Fund Manager, Tata Mutual Fund, discuss the macro cues including Fed rate hike, possibilities of RBI rate cuts and flow of FII funds. Edited excerpts ET Now: The ...Economic Times, 14 hours ago
Risks to equities have surfaced in the one month after a rally in April triggered by the Indian meteorological department’s (IMD) forecast of bumper monsoon rains in the June-September season. The revised forecast of a delay in monsoon arrival by about a ...The Financial Chronicle, 3 days ago
MUMBAI: India's foreign exchange reserves dipped marginally by $980 million to touch $361 billion for the week ended May 13, said the Reserve Bank of India in its weekly statistical report. Foreign exchange reserves dipped for the second ...Economic Times, 5 days ago The story of the entry and exit of the high-cost FCNRScheme Yahoo! India, 2 weeks ago RBI sells $3.34 billion in spot forex in February Smart Investor, 1 month ago Forex reserves surges Navhind Times, 1 month ago
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