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RBI sweetens NRI deposit nudge for banks

Aug 8, 2026 - 7:54 am EDT @theindpanorama 1

Mumbai (TIP): In a fresh incentive for banks to attract foreign currency deposits from overseas Indians, the Reserve Bank of India (RBI) on Friday exempted rupee loans against fresh and renewed foreign currency non-resident (FCNR-B) […]

RBI retains repo rate at 6.5% for 5th time

Dec 8, 2023 - 9:53 am EST @theindpanorama 1

Mumbai (TIP) – The Reserve Bank of India (RBI) on Friday, December 8, maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. The RBI also continued with its […]

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