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About 203 results for "fcnr b"

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, 1 day ago
Liquidity concern? NRIs redeem $2.1 bn FCNR-B deposits Financial Express, 1 month ago

26 images for fcnr b

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DNA India

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 Line1 week ago Indian banks meet 90 per cent of FCNR redemptions  Indian Express1 week ago Demonetization: Raining deposits to help banks redeem FCNR drain  DNA India3 weeks ago Rupee likely to stabilise in 2017  DNA3 days 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 need2know: Five macro triggers that may move your market today  Economic Times1 month ago

RBI tries forex balm to calm FCNR redemption stress

KOLKATA: The Reserve Bank of India seems to have started digging into the country's foreign exchange reserves to ease the pressure on rupee with dollars flowing out of the system amid redemption of FCNR-B (foreign currency non-resident-bank) ...
 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 FCNR redemptions won't be disruptive, say bankers  Rediff.com2 months ago
Financial Express

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 India's foreign exchange reserves go down by $1.4 billion  Economic Times9 hours ago Forex reserves fall $1.5 billion to $365.5 billion on dollar strength  Financial Express1 week ago RBI liberalises rules to boost foreign investment  Economic Times1 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

Rise in unhedged currency exposures poses a risk

The best time to prepare for financial instability is when things are calm as they seem in INR now. The FCNR repayment has been smooth so far. Medium term, our current account deficit (CAD) continues to benefit from low oil prices. India remains ...
 DNA India1 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 Rupee dives to lowest level since August 2013! 5 reasons for the free fall  Financial Express2 weeks ago Trump Effect: Why Rupee fell nearly 1% on Friday  Economic Times4 weeks ago Rupee ends at 2-month high against dollar  The Financial Chronicle4 weeks ago

RBI may pause this time, but rate cut likely in Dec

Lower inflation, FCNR(B) outflows likely to influence central bank decision
 Business Standard2 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 News5 days ago Banks, rupee remain resilient to FCNR redemptions  Gulf News5 days ago
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