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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......
  Videos for Fcnr
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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
The Raghuram Rajan and Narendra Modi show

A year ago, the rupee seemed to be hurtling towards 70 to the dollar — on August 28, 2013, it hit its lowest ever point of 68.825 against the... ...

http://www.financialexpress.com/news/the-raghuram-rajan-and-narendra-modi-show/1283053/
BoI

T he PSU banks have been in the news of late for all the wrong reasons. Besides the ghost of bad loans which continue to haunt them, there have... ...

http://www.moneycontrol.com/news/business/banks-must-set-deficiencies-right-to-check-frauds-boi-_1161208.html
1QFY15 quarterly performance review

Steady improvement in performance. Earnings growth moved to 10% yoy from 2% in 4QFY14 despite a sharp slowdown in revenue growth (8% yoy). NII... ...

http://www.apnnews.com/2014/08/18/kotak-banking-steady-improvement-in-performance-1qfy15-quarterly-performance-review/
Looking attractive again...

After the landslide victory of the BJP-led NDA in the general elections in May 2014, the equity markets have witnessed a very strong performance... ...

http://www.financialexpress.com/news/indian-bonds-looking-attractive-again.../1278211/
Forex reserves less than eight months imports, lower than 14 years ago

Now that RBI governor Raghuram Rajan has warned of the risks of a market crash in the offing, do we have enough reserves to see us through such an... ...

http://www.livemint.com/Money/9VKJqGyfHtlV1zSYVkRpgJ/Forex-reserves-less-than-eight-months-imports-lower-than-1.html

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