NRIs gift Equitas FCNR (B) deposits to loved ones as returns reach a record 7.52% p.a.
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Indian Bank sees fresh FCNR (B) deposits worth $140 million since new RBI rule; optimistic of clocking $2 b till Sept
Indian Bank currently offers a rate of interest of 6 per cent on such FCNR (B) deposits
thehindubusinessline.com·6d ago
NRIs rushing to lock in 7% dollar returns? Here's how FCNR deposits compare with NRE, NRO FDs
A special RBI window has made FCNR(B) deposits one of the most attractive fixed-income options for NRIs, with some banks offering over 7% re
businesstoday.in·2d ago
Tamil Nadu: Foreign Currency Inflows Help Bank Deposit Accretion Of Rs 7 Lakh Cr In Last Fortnight
Aggregate deposits rose to Rs 265.4 lakh crore, with accretions over Rs 7 lakh crore, recording 13.3% yo-y growth compared with 10.1% a year
Deccan Chronicle·2d ago
Indian Bank’s FCNR(B) inflows of Rs 19,000 Cr to partly replace bulk deposits, evaluating overseas branch expansion: MD Binod Kumar
Indian Bank expects its FCNR(B) mobilisation to help offset nearly Rs 19,000 crore of high cost bulk deposits by September end, with part of
ET Retail·4d ago

FM asks banks to step up NRI outreach as FCNR mobilisation gathers pace
Banks reported that FCNR(B) deposit mobilisation had shown a clear accelerating trend
thehindubusinessline.com·3d ago
Led by NRI deposits, RBI swaps may draw $80-85 billion
Bankers anticipate India will attract eighty to eighty-five billion dollars through RBI's swap-backed initiatives. Early inflows are expecte
ET Retail·2d ago

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