Tag: capital inflows
RBI’s FCNR(B) scheme attracts $41 billion, Jefferies says inflows may double to $80-100 billion
New Delhi: The Reserve Bank of India‘s (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised…
Will FCNR (B) deposit scheme that’s bringing billions of dollars to India end? RBI Governor says this
The Reserve Bank of India (RBI) has no plans to prematurely wind up its special Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme that has…
India will do more to boost inflows: Finance Minister Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman said India would take more steps, over and above those taken by the Centre and the banking regulator, to…
RBI’s reform package could pull $40-75b inflows, push rupee to 92-93 and keep August rate on hold
New Delhi: The Reserve Bank of India‘s announcements after the monetary policy committee meeting are some measures aimed at flipping the rupee narrative from depreciation…
Eased FDI norms balance capital inflows and strategic safeguards: Experts
The government’s decision to ease norms for FDI from China and other countries sharing land borders with India strikes a pragmatic balance between attracting capital,…