Some bottlenecks: FCNR deposits from UAE come in big; some say flow could be bigger Forex News August 1, 2026 Dubai: The UAE could account for more than half of the total Foreign Currency Non-Resident (Bank), or FCNR (B), deposits…
SBI, HDFC Bank seek $1.7 billion overseas to boost dollar resources Forex News July 29, 2026 Mumbai: Two of India’s largest banks, State Bank of India (SBI) and HDFC Bank are together raising an aggregate of…
RBI’s concessional swap facility attracts $20.72 billion in forex inflows Forex News July 20, 2026 The Reserve Bank of India’s concessional swap facility has attracted USD 20.72 billion in foreign currency inflows till July 17,…
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR deposits Forex News July 2, 2026 The Reserve Bank of India’s (RBI) recent measures to attract foreign currency inflows are prompting banks to sweeten returns on…
