FCNR(B) Bonanza: Banks mobilise record $127.226 billion in 85 days, nearly four times 2013 levels Forex News September 2, 2026 Economists initially anticipated around $80-100 billion, but banks accelerated their efforts, particularly in the final days. Attractive interest rates and…
Rupee may strengthen to 94 on FCNR(B) and FPI inflows, says Kotak Securities Forex News August 8, 2026 The Indian rupee could appreciate towards the 94 level against the US dollar if strong FCNR(B) deposits and sustained FPI…
An eye for dollars: SBI brings in $1.9 billion in foreign-currency resources via special scheme, way ahead of peers Forex News July 17, 2026 Mumbai: The country’s largest lender by assets, State Bank of India (SBI), mobilised about $1.9 billion in foreign-currency resources under…
