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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,......

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......

ICICI Bank revises NRI deposit rates

ICICI Bank on Friday said it has revised interest rates on foreign currency NRE fixed and FCNR deposits from July 1. Interest rates on NRE fixed deposits of 12 months and above but less than 18......

  People speak for fcnr b

  • QNA
Q. NRI logon ko india itna importance kyon deti hai? NRI logon se hame kya fayda?
:  A. During first sanctions by US after Pokhran, US$2B aid was stopped by US. same time RBI reduced limit of FCNR saving from US$5000 to $2000. Ordinary...... more

http://qna.rediff.com/questions-and-answers/nri-logon-ko-india-itna-importance-kyon-deti-hai-nri-logon-s//answers/12370852

LAXMAN c
Q. Hello , This is Bharat , Currently I am located abroad. I have home loan monthly installment which i m paying though my saving bank account. but recently I came to know as per RBI , it is not legal to use my saving bank account. I hv NRO as well as NRE account , which guide me sincerly which account i can use for mly Home LOan EMI payment? also pls write advantage/disadvange of NRO/NRE account....
LAXMAN C:  A. Hi.You can avail of housing loan in rupees from an Authorised Dealer or housing finance institution subject to certain terms and conditions. Such a...... more

http://qna.rediff.com/questions-and-answers/hello--this-is-bharat--currently-i-am-located-abroad.-i-have/12370634/answers/3507445

  Web results for Fcnr B
Central Bank Of India Revises Interest Rates On FCNR-B DEPOSITS w.e.f. 01.08.2014

The Bank now offers interest of 4.90 % for USD Deposit of 5 Years, 5.19 % for GBP Deposit of 5 Years, 3.66 % for EURO Deposit of 5 Years, 4.96 %... ...

http://www.apnnews.com/2014/08/01/central-bank-of-india-revises-interest-rates-on-fcnr-b-deposits-w-e-f-01-08-2014/
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
No Change But Eventful

The rupee at 60/dollar is near the same level it was a year ago. But the rupee's journey during the past one year has been quite eventful. Against... ...

http://ndtv.com.feedsportal.com/c/33805/f/606686/s/3c8cf8eb/sc/36/l/0Lprofit0Bndtv0N0Cnews0Cmarket0Carticle0Erupees0Eone0Eyear0Ejourney0Eno0Echange0Ebut0Eeventful0E589144/story01.htm
Ananth Narayan, Standard Chartered Bank

In a chat with ET Now, Ananth Narayan, Co-Head of Wholesale Banking, South Asia, Standard Chartered Bank, shares his views on Rupee. ET Now: I... ...

http://economictimes.indiatimes.com/markets/stocks/views/recommendations/expect-rupee-to-trade-around-59-50-60/-ananth-narayan-standard-chartered-bank/articleshow/38476646.cms

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