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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
Reaping the diaspora dividend

The efforts of the new government to vigorously engage with the Indian diaspora around the world is a remarkable step forward towards making them... ...

http://www.financialexpress.com/article/economy/reaping-the-diaspora-dividend/
Stocks, bonds take sheen out of NRI scheme as deposit inflows decline 53.3%

MUMBAI: Non-resident Indian (NRI) deposits continue to lose their sheen among expatriates as other avenues such as stocks and bonds have turned... ...

http://economictimes.indiatimes.com/markets/stocks/news/stocks-bonds-take-sheen-out-of-nri-scheme-as-deposit-inflows-decline-53-3/articleshow/45175034.cms
Motilal Oswal

Motilal Oswal's report on HDFC Bank "HDFC Bank's (HDFCB) 2QFY15 PAT grew 20% YoY (in-line) to INR23.8b. A 10bp QoQ improvement in NIM was to an... ...

http://www.moneycontrol.com/news/recommendations/buy-hdfc-bank-targetrs-1025-motilal-oswal_1221373.html
3-7 November, 2014

Top Stories Govt tells RBI to revise 'stringent' infra lending norms The finance ministry has asked the RBI governor to revise several of the... ...

http://www.indiainfoline.com/article/news-top-story/banking-newsletter-3-7-november-2014-114110700039_1.html
Updates on change in interest rates on deposits

Canara Bank has informed BSE that the Bank has revised interest rates on FCNR(B) and RFC deposits with effect from November 01, 2014. ...

http://www.moneycontrol.com/news/announcements/canara-bank-updateschangeinterest-ratesdeposits_1217972.html

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