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About 269 results for "fcnr b"

Carnage in India as UK votes itself out of EU
Financial Express

Carnage in India as UK votes itself out of EU

Governor Raghuram Rajan reassured the markets redemption of billion worth of FCNR(B) deposits, starting in September this year, would not be a worrisome event. (Reuters) Britain's decision not to remain in the European Community (EC) rattled ... Financial Express, 3 hours ago

10 images for fcnr b

Financial Express, 3 hours ago
Business Standard India, 2 weeks ago
Financial Express, 2 weeks ago
Financial Express, 2 weeks ago
Money Life, 1 week ago
DNA, 2 weeks ago, 2 weeks ago
Financial Express, 3 weeks ago
Business Standard India, 2 months ago, 2 months ago

Adequate reserve to deal with FCNR redemption

Amid concerns over the possible impact on markets of $20-billion outflows due to imminent maturity of a non-resident deposit scheme, government sources said on Monday there were adequate reserves to deal with these redemptions. The government has ...
 Smart Investor4 days ago Adequate reserve to deal with $20 bn FCNR redemption  Moneycontrol.com4 days ago Adequate reserve to deal with USD 20 bn FCNR redemption  Times of India4 days ago

More than FCNR-(B), new Governor will have to deal with Fed challenges: Jayesh Mehta, BofA-ML

Mythili Bhusnurmath, Consulting Editor, ET Now and Jayesh Mehta, MD & Country Treasurer, BofA-ML discuss macro issues including Rajan's succesor, FCNR (B) and Fed challenges. Edited excerpts ET Now: Now the Dr Rajan's terms is coming to an end, ...
 Economic Times4 days ago
Financial Express

The FCNR scare: is it just noise?

The real worry may not be the FCNR redemptions per se, but the backdrop against which these deposits will need to be returned Markets always need something to worry about. Their current pre-occupation is with redemption of the foreign currency ...
 Livemint.com1 week ago $25b FCNR-B deposit redemptions to lead to wild Re, Fx swings  Times of India3 weeks ago $25 billion FCNR-B deposit redemptions to lead to wild rupee, forex swings  Economic Times3 weeks ago PTI - FOREXDEPOSITS (BCM32) - $25b FCNR-B deposit redemptions to lead to wild Re, Fx swings  Namibia Press Agency3 weeks ago

FCNR Redemption Could Hurt Rupee, Squeeze Liquidity: Analysts

In 2013, the RBI did a buy/sell arrangement with banks against FCNR (B) deposits, taking dollars and providing rupees to banks. The rupee could turn volatile due to possible dollar shortages when NRIs redeem a large chunk of foreign currency ...
 NDTV Profit1 week ago How The Pullout Of Dollar Deposits By NRIs Could Hurt You  NDTV1 week ago 'FCNR redemption could hurt Rupee, squeeze liquidity'  MSN News US1 week ago FCNR redemption: Swelling coffers, rising confidence  Hindu Business Line2 weeks ago
Financial Express

RBI may let long dollar position unwind; here's why

The FCNR-B swap facility was introduced by the central bank during the 2013 currency crisis when the Fed taper concerns had taken the rupee to an all-time low. (Reuters) Foreign currency non-resident deposits or FCNR (B) maturing in ...
 Financial Express2 weeks ago

RBI building forex chest to defuse FCNR time bomb?

MUMBAI: India's foreign exchange reserves jumped $3.2 billion to reach a record high of $363.4 billion for the week ended June 3, said the Reserve Bank of India in its weekly statistical report just ahead of the maturity of the FCNR(B) deposits. ...
 Economic Times2 weeks ago Forex Reserves with RBI reaches a record high of $363 bn  Economic Times2 weeks ago Forex reserves grow just $18 billion to $360 billion in FY16  Economic Times3 weeks ago India's Foreign Exchange reserves Dip Marginally  Economic Times1 month ago

FCNR (B) redemption of $20 b unlikely to pose a challenge: Nomura India MD

The RBI may have paused on rates, but the big question remains whether India will be able to smooth out the $20-billion outflow when FCNR (B) deposits raised in 2013 are redeemed in September. Governor Raghuram Rajan sought to assuage concerns on dollar and ...
 Business Line2 weeks ago ‘Have enough forex to meet outflows’  Asian Age2 weeks ago FCNR (B) deposits: RBI sees no pressure in redemption  Business Line2 weeks ago Have Enough Dollars To Take Care Of $20 Billion Outflows: Rajan  NDTV2 weeks ago

RBI ready to meet $20 bn FCNR(B) outflows

Banks had raised $25 billion through FCNR deposits and another $9 billion through foreign currency borrowings and swapped the same with RBI. About $26 billion will be due in tranches between September and November.
 DNA2 weeks ago ET in the classroom: How do NRI deposits help?  Economic Times1 month ago RBI cautions against forex volatility due to FCNR (B) maturity  Economic Times2 months ago Maturity of FCNR deposits not to make Re volatile: RBI  The Financial Chronicle2 months ago
Financial Express

PTI - RAJAN-FCNR - Have enough dollars to take care of $20 bn outflows: Rajan

RAJAN-FCNR - Have enough dollars to take care of $20 bn outflows: Rajan Contributed by NAMPA / PTI. Mumbai, Jun 7 (PTI) Reserve Bank today said it expects around USD 20 billion outflows from FCNR-B deposits redemptions, which may create some ...
 Namibia Press Agency2 weeks ago India faces prospect of $20 bn in outflows; here's why Raghuram Rajan isconcerned  Yahoo! India2 weeks ago Have enough dollars to take care of $20 bn outflows: Raghuram Rajan  Financial Express2 weeks ago
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