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FCNR redemptions won't be disruptive, say bankers

There's surplus liquidity and RBI, with plentiful forex reserves, is ready to pump whatever extra is needed Starting the middle of this month and peaking between October and November, foreign......

I had felt FCNR deposits to be an idiotic idea: Rajan

"Now I get credit for the idea which actually I neither invented nor actually believed in," he said. Outgoing Reserve Bank Governor Raghuram Rajan, Friday, disclosed that idea of raising diaspora......

India's external debt increases on FCNR(B) deposits

India’s external debt at the end of 2015-16 grew $10.6 billion or 2.2 per cent, year on year, to $485.6 billion. Primarily on account of a rise in non-resident Indian (NRI) deposits, Reserve......

Have enough dollars to take care of $20-billion outflows: Rajan

  Reserve Bank of India on Tuesday said it expects about $20 billion outflows from FCNR-B deposits redemptions, which may create some short-term dollar shortages but Governor Raghuram Rajan......

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......
  Web results for Fcnr B
FCNR (B) redemption unlikely to affect money market, believe experts

Redemption of approximately $26 billion of foreign currency non-resident deposits, which is due to begin later this month, is unlikely to disrupt... ...

http://www.financialexpress.com/markets/indian-markets/fcnr-b-redemption-unlikely-to-affect-money-mkt-believe-experts/389335/
Sensex, Nifty open flat; LT, Reliance, MM early gainers

09:25 Moneycontrol Bureau 9:55 am Budget preparation: With Centre deciding to advance Budget 2017-18 presentation by about a month, the... ...

http://www.moneycontrol.com/news/local-markets/sensex-nifty-open-flat-lt-reliance-mm-early-gainers_7504421.html
Less of a CAD

Small current account deficit hides serious problems The small CAD of just $300 million in Q1FY17, unchanged from levels seen in Q4FY16 and near a... ...

http://www.financialexpress.com/fe-columnist/less-of-a-cad/387399/
Nomura

The country's current account deficit is likely to be at 0.4 per cent of GDP this fiscal and balance of payment will continue to remain surplus... ...

http://www.mydigitalfc.com/economy/cad-likely-be-04-fy17-nomura-925
Top four factors driving the rally on D-Street

NEW DELHI: The S&P BSE Sensex rallied over 350 points in morning trade on Thursday, led by gains in HDFC Bank, HDFC, ITC, Tata Motors, ITC and Axis... ...

http://economictimes.indiatimes.com/markets/stocks/news/sensex-rallies-350-points-top-four-factors-driving-the-rally-on-d-street/articleshow/54458380.cms

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