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Fcnr (b) Deposits
May 07, 2012 at 13:32 | Source: Moneycontrol.com
May 07, 2012 at 12:09 | Source: CNBC-TV18
May 04, 2012 at 18:56 | Source: Reuters
Mar 22, 2012 at 12:12 | Source: Reuters
Nov 28, 2011 at 15:49 | Source: CNBC-TV18
Nov 23, 2011 at 19:20 | Source: RBI
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IDBI Bank has increased Interest rates on foreign currency non-resident (bank) deposits by up to 175 basis points with retrospective effect from May 5. The interest rates on FCNR (B) deposits are linked to London Inter Bank offer Rate (LIBOR)/Swap rates ...
May 19, 2012 at 07:42 | Source: moneyguruindia.com
SBI, Union Bank raise interest rates on FCNR-B deposits 06-APR-12 Banks have started raising the interest rates on foreign currency non-resident (banks) deposits (FCNR-B) after the Reserve Bank of India raised the ceiling on these deposits to attract ...
May 27, 2012 at 06:57 | Source: Business Standard
The rupee volatility read in tandem with stock slump forced the RBI to raise the interest rate ceiling on FCNR (B) (foreign currency non-resident bank) deposits across maturities. The interest rate on FCNR (B) deposits with maturity of one year to less ...
May 4, 2012 at 16:21 | Source: The Hindu
Banks can fix the rates of interest on term deposits that are attractive in contrast to the low levels in the West but, at the same time, would not facilitate arbitrage. The NRIs have enormous wealth. The RBI allows foreign currency loans out of FCNR (B ...
May 11, 2012 at 16:49 | Source: Hindu Business Line
The Reserve Bank of India has recommended some time limits for which FDs/term deposits can be made. - Foreign Currency (Non-Resident) Account (Banks) Scheme (FCNR (B) Account) - 12 months to 60 months. - Non-Residents (External) Rupee Account Scheme (NRE ...
May 14, 2012 at 12:35 | Source: Silicon India
“This is definitely a good move to support the market. Even the move last week on raising the interest rate ceiling on FCNR (B) (foreign currency non-resident bank) deposits across maturities was a good one. These measures certainly helped the rupee to ...
May 11, 2012 at 02:58 | Source: Daily News and Analysis
B- December 17, 2011: Frees rates on non-resident Indian ... D- May 4, 2012: Eases interest rate ceiling on FCNR deposits, allows banks to freely determine the interest rates on export credit in foreign currency. E- May 9, 2012: Allows banks ...
May 16, 2012 at 10:09 | Source: MoneyControl.com