Publication

Byline

Location

RBI measures to lift India's ECB inflows to $75-80 billion in FY27: Citi's corp banking head

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... और पढ़ें


Dollar race: Foreign banks ramp up FCNR deposits, narrow gap with locals

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... और पढ़ें


FCNR flows aren't rushing in, and RBI wants to know why

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... और पढ़ें


HSBC dangles 19x leverage to lure NRIs under RBI's dollar deposit scheme

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... और पढ़ें


Burnt fingers, cold feet: Inside NRI reluctance to fund India's dollar dream

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) ... और पढ़ें


From money to matrimony, Bank of Baroda plans a lifestyle super app

Mumbai, July 9 -- There was a time when a bank's role ended after it credited your salary, sanctioned your loan and reminded you about your EMI (equated monthly instalment). It now wants to engage dee... और पढ़ें


Northern Arc to ramp up direct lending, diversify into affordable housing, wealth management

MUMBAI, June 26 -- Non-bank financier Northern Arc Capital is targeting a 70-75% share for its direct-to-customer lending business as it makes deeper inroads into rural, small business and retail loan... और पढ़ें