Tag: fcnr(b)

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Posted in Economy

India’s forex reserves soar by $9.9 billion to $716.90 billion as on August 14

India’s foreign exchange reserves jumped by $9.905 billion to $716.90 billion during the week ended August 14, official data released by the Reserve Bank of…

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Posted in Economy

RBI pushes banks to bring more dollars home

MUMBAI: Reserve Bank of India (RBI) deputy governor Rohit Jain on Friday urged bank CEOs to step up efforts to mobilise overseas funds through FCNR(B)…

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