RBI's 2026 FCNR(B) swap window is pushing banks to offer better dollar deposit rates. Here's what NRIs should check before booking a 3–5 year foreign currency deposit.
To date, a total of 24 Latin American countries have joined the China-proposed Belt and Road Initiative (BRI). And BRI should ...
Russia’s assurance that it will maintain a long-term supply of oil and gas to Malaysia looks like a veiled effort to keep Putin’s government stocked with U.S. dollars.
Smaller private banks may struggle to mobilise FCNR(B) deposits under RBI's swap window due to limited overseas presence.
Central bank permits loans and standby letters of credit against FCNR(B) deposits under the swap facility, while leaving leverage decisions to lenders ...
HOLIDAY spending mistakes could add a whopping €900 to summer trips this year as travel costs climb. As Irish holidaymakers ...
NRIs can still leverage their FCNR deposits in 2026, but with borrowing costs near deposit rates, the old arbitrage is gone ...
Hong Kong’s updated yuan financing tool for banks, featuring a quota 150 per cent larger than before, was launched on Friday, ...
The US dollar and US Treasury bonds have long been seen as the bedrock of global safe-haven assets. However, since late 2024, ...
Japanese Prime Minister Sanae Takaichi’s first visit to India since taking office goes beyond diplomacy. From AI cooperation ...
Foreign banks will gain access to a large NRI customer base and tap secured lending opportunities with limited credit risk. We, in turn, can multiply FCNR deposits beyond our e ...
Rationale: the BoJ decision on July 30 is the main near-term volatility driver, but a weaker yen still supports big exporters’ earnings, and the index is already up 37% YTD—so any BoJ “defend the yen” ...