India may soon witness the introduction of plastic or polymer-based currency notes. The Reserve Bank of India (RBI) has begun...
currency
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RBI rules allow Indian companies that meet minimum net worth and adequate risk management eligibility requirements that have rupee liabilities...
3 min read
On Thursday, the rupee climbed to a two-and-a-half month high, fueled by substantial inflows into Foreign Currency Non-Resident (Bank) deposits...
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Axis Bank Credit Card Rules Update Effective August 28: Higher Currency Fees and New Reward LimitsIANS Starting August 28, 2026,...
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The RBI's FCNR(B) programme has drawn in over $52 billion, bolstering its capacity to prop up the rupee, yet worldwide monetary...
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India’s forex reserves edge up by roughly $1 billion to $672.5 billionAI During the week ending August 7, India's foreign‑exchange reserves jumped by...
1 min read
Bandhan Bank announced that the interest rate on deposits up to $1 million has risen to 7 percent, according to a press...
Canara Bank has rolled out its FCNR(B) Special Deposit Scheme aimed at helping Non‑Resident Indians increase their savings through secure...
City Union Bank, a private sector lender, has raised the interest rates on its US dollar‑denominated Foreign Currency Non‑Resident (Bank)...
2 min read
India is evaluating a range of steps to lure more foreign investment, such as lowering taxes on bond earnings for...
