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  • Business

FCNR deposits: A safe bet for NRIs

Here’s how NRIs can protect their overseas earnings from exchange rate risk.In the last few months emerging markets have seen an unprecedented volatility in currency which created a sense of......

SBI hikes interest rates on NRE deposits

State Bank of India has hiked interest rates on its FCNR (B) and NRE (Rupee) deposits with effect from on Monday.For NRE (Rupee) deposits for a duration of one year to less than two years, the rate......

Banks revise FCNR deposit rates

State Bank of Indian and Bank of Baroda on Tuesday hiked the interest rates on foreign currency non-resident bank account deposits and non-resident external term deposits with effect from June 1,......

SBI hikes interest rates on FCNR, NRE deposits

State Bank of India on Monday raised interest rates on deposits of Non Resident Indians with effect from May 1.The bank raised the interest rates on Non Resident Externalrupee deposits of one year......

UBI revises NR deposit rates

The Union Bank of India has revised downwards the interest rates applicable to its dollar-denominated FCNR (B) and NRE (Rupee) term deposits.The revised rates come into effect from Wednesday, a......
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  People speak for fcnr

  • QNA
Luv Verma
Q. complaints against kotak bank of fcnr account
Luv Verma:  A.  more

http://qna.rediff.com/questions-and-answers/complaints-against-kotak-bank-of-fcnr-account/21821153/answers/

Luv Verma
Q. Can I open NRE, FCNR & NRO accounts in joint names?
Luv Verma:  A. Yes, you can open NRE & FCNR jointly provided the other person is also an NRI. These accounts cannot be jointly held with an Indian resident....... more

http://qna.rediff.com/questions-and-answers/can-i-open-nre-fcnr--nro-accounts-in-joint-names/21821153/answers/18738992

  Web results for Fcnr
What ails foreign banks in India?

DBS Bank Ltd is paying the price for rapid growth in its loan book from Rs. 4,015 crore in March 2010 to Rs. 15,155 crore in March 2014, betting... ...

http://www.livemint.com/Opinion/l3bA7wgLPaaZ6iVf0r66yJ/What-ails-foreign-banks-in-India.html
Unconventional Monetary Policy and the Indian Economy - Paper presented by Deepak Mohanty, Executive Director, Reserve Bank of India, in the SAARCFINANCE Governors Symposium at Colombo, Sri Lanka, on 24th July 2014

I thank Governor Cabraal for this opportunity to share with you our experience in handling the spillover from unconventional monetary policy... ...

http://www.rbi.org.in/scripts/BS_SpeechesView.aspx?Id=905
HDFC Bank (Q1 FY15)

HDFC Bank delivered a lower-than-expected loan growth of ~17% yoy (~21% yoy in Q4 FY14) excluding the FCNR (B) deposits related lending. Growth in... ...

http://www.indiainfoline.com/Research/Recommendations/Equity/HDFC-Bank-Q1-FY15/52385872
Early data show other income as driving force

Investors are betting big on a quick recovery for the economy — the Sensex surged 310.63 points on Tuesday to close near its lifetime highs —... ...

http://www.financialexpress.com/news/early-data-show-other-income-as-driving-force/1272715/
Axis Bank Announces Financial Results for the Quarter Ended 30th June 2014

Results at a Glance Net Profit for Q1FY15 grows 18% YOY to `1,667 crores The Bank's Retail franchise continues to show robust growth o... ...

http://chennaionline.com/City360/City-Feature/20143122083159/Axis-Bank-Announces-Financial-Results-for-the-Quarter-Ended-30th-June-2014.col

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