Tag: foreign currency inflows
RBI measures lift FY27 BoP outlook to over $50 bn surplus, CAD seen at 1%: SBI Research
New Delhi: India’s balance of payments (BoP) is expected to post a surplus of around USD 50 billion in FY27, with the current account deficit…
‘India was, is and will be one of fastest-growing economies’: SBI Research
New Delhi: India has demonstrated economic resilience through successive global and domestic challenges and will continue to be among the world’s fastest-growing economies, SBI Research…
RBI clears loans, SBLCs against FCNR(B) deposits under swap scheme
The Reserve Bank of India (RBI) on Tuesday clarified that banks can extend loans to non-residents and issue standby letters of credit (SBLCs) against FCNR(B)…
RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27
Mumbai: Timelines for an interest-rate increase by the Reserve Bank of India (RBI) are gradually being pushed further back, with economists now visibly tilting toward…
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)…