Fcnr
- INDIAINDIA · 2 min
RBL Bank shares rise on FCNR(B) deposit inflows in September
RBL Bank's shares have surged nearly 9% in September, reaching a new 52-week high amid strong investor interest in its foreign currency non-resident (bank)…
14 Sept, 07:28 am IST - FUNDINGFUNDING · 2 min
Canara Bank raises $5.8 billion FCNR(B) deposits to cut funding costs
Canara Bank has raised $5.8 billion through Foreign Currency Non-Resident (Bank) or FCNR(B) deposits as part of its strategy to retire high-cost bulk fundi…
12 Sept, 01:28 pm IST - INDIAINDIA · 2 min
Axis Bank warns FCNR deposit surge may trigger abnormal lending
Axis Bank managing director Amitabh Chaudhry warned that India’s record inflow of foreign currency non-resident (FCNR) deposits, which reached $127.22 bill…
09 Sept, 07:28 pm IST - INDIAINDIA · 1 min
NRIs deposit $127 billion under RBI's FCNR window by August end
Non-resident Indians (NRIs) deposited a record $127.2 billion into Indian banks through the foreign currency non-resident (FCNR) deposit scheme by August 31, the Reserve Bank of India (RBI) said.
02 Sept, 09:29 pm IST - INDIAINDIA · 2 min
RBI closes special FCNR scheme early after $52 billion inflows
The Reserve Bank of India (RBI) has decided to close its special foreign currency non-resident bank (FCNR(B)) deposit scheme a month earlier than initially planned.
14 Aug, 09:28 pm IST - INDIAINDIA · 2 min
SBI aims to raise $10 billion in FCNR deposits by September end
State Bank of India (SBI) has mobilised nearly $6 billion in Foreign Currency Non-Resident (Bank) or FCNR(B) deposits and aims to increase this to $10 bill…
08 Aug, 03:28 am IST - INDIAINDIA · 1 min
Indian banks raise $36.7 billion via FCNR(B) deposits under RBI swap facility
Indian banks have mobilised $36.73 billion through Foreign Currency Non-Resident (Bank) or FCNR(B) deposits under the Reserve Bank of India's concessional swap facility as of July 31.
01 Aug, 01:28 pm IST - INDIAINDIA · 2 min
RBL Bank raises $150 million via FCNR deposits from NRI pool
RBL Bank has raised approximately $150 million through Foreign Currency Non-Resident (FCNR) deposits within about a month, targeting the non-resident India…
18 Jul, 01:28 am IST