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The concessional swap facility will now be limited to FCNR(B) deposits with a 3‑5 year maturity that are raised by...
deposits
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State Bank of India Chairman CS Setty | Photo Credit: PTI State Bank of India (SBI) should be able to...
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Bag with american dollar symbol and american money istock photo for BL | Photo Credit: Max Zolotukhin Smaller and mid-sized...
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RBI Governor Sanjay Malhotra Although banks have seen strong inflows into Foreign Currency Non‑Resident (Bank) deposits through the RBI’s temporary...
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They may apply different interest rates on bulk deposits. | Photo Credit: Mrinal Pal Starting October 1, 2026, banks will...
Having posted net interest income growth of just over 2 percent, Ashok Chandra, MD & CEO of Punjab National Bank,...
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Binod Kumar, MD & CEO, Indian Bank | Photo Credit: BIJOY GHOSH Since the RBI's new swap window opened in...
State Bank of India has so far raised more than $1.5 billion from foreign‑currency deposits under a special facility launched last...
South Indian Bank (SIB) is targeting inflows of roughly $1 billion through fresh FCNR(B) deposits by the end of September 2026, encouraged...
The RBI has instructed banks to provide daily reports on foreign currency non‑resident (bank) or FCNR (B) deposits, external commercial...
