Bandhan Bank has raised interest rates on Foreign Currency Non-Resident Bank deposits for non-resident Indian customers. US dollar deposits of one million dollars and above will now earn 7.1 percent ...

Turkey’s central bank on March 31 launched three FX swap auctions worth $10bn with local lenders, according to media reports. A $5bn one-week auction was announced as value-today (same day or T+0 ...

ICICI Bank plans to raise at least $500 million via a US dollar bond, as the RBI's concessional forex swap facility fuels ...

RBI states FCNR(B) swap facility covers only principal, not interest. This forex swap scheme aims to attract foreign capital, ...

The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.

Indian banks can now offer loans to non-residents and issue standby letters of credit against FCNR(B) deposits under a new ...

The Reserve Bank of India (RBI) on Tuesday clarified that its recently introduced swap facility for Foreign Currency ...

Major central banks revert back to normal weekly U.S. dollar repo operations, as banking stress subsides. The U.S. dollar strengthened against the euro and the pound. Get daily-updated rankings across ...

South Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year ...