New Delhi, Aug. 25 -- Indian companies are projected to raise $75-80 billion through external commercial borrowings (ECB) in FY27, driven by a Reserve Bank of India (RBI) scheme designed to boost doll... Read More
New Delhi, Aug. 10 -- Backed by a global network and wealthy clientele, India's foreign banks are flexing their muscle in attracting dollar deposits, despite their undersized presence in the local dep... Read More
New Delhi, July 16 -- The Reserve Bank of India has sounded out commercial banks for the reasons for the slower-than-expected response to its foreign-currency deposit scheme, which is trailing the pac... Read More
New Delhi, July 16 -- Foreign lender HSBC is offering non-resident Indians (NRIs) leverage, or the use of borrowed funds to enhance returns, of up to 19 times their own capital to create foreign curre... Read More
New Delhi, July 15 -- Domestic banks do not expect significant FCNR(B) deposit inflows from the US under the Reserve Bank of India's (RBI) latest incentive scheme, as many non-resident Indians (NRIs) ... Read More