Tag: NRI deposits
Posted in Economy
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…
Posted in Economy
That sinking feeling: Rupee@100 is a mental fear, not macro nightmare
The rupee has been undergoing intense pressure due to a prolonged geopolitical stalemate in the Middle East that has driven up global crude oil prices….