FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak Forex News October 26, 2026 Mumbai: Uday Kotak, founder of Kotak Mahindra Bank, called India’s Foreign Currency Non-Resident Bank (FCNR(B)) deposit mobilisation scheme a “strong…
India’s $127 billion NRI deposits arm gives RBI more firepower, setting rupee up for rally Forex News September 3, 2026 The Indian rupee is set to add to its recent rally on Thursday after a massive $127 billion mobilisation through…
Rupee records strongest week in 11 as bond inflows, softer oil prices lend support Forex News June 19, 2026 The Indian rupee ended largely unchanged against the dollar after a choppy session on Friday, as weakness in regional currencies…
Rupee’s oil relief capped by RBI’s FX book, interest payment hedges, bankers say Forex News June 18, 2026 The Indian rupee’s rally on lower oil prices is likely to be constrained by the central bank’s unwinding of its…
