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NRI banking issues

New Delhi, July 7 -- Following the June 5 decision by the Reserve Bank of India (RBI) to mobilise Foreign Currency Non-resident (Bank) [FCNR (B)] deposits almost on a war footing, the media witnessed ... Read More


Euphoria over FCNR (B) deposits misplaced

New Delhi, June 19 -- Banks are visibly euphoric about mobilization of FCNR (B) deposits following the RBI decision that it will bear the full hedging cost till September 30, 2026 to banks for raising... Read More