Foreign Banks

Aug 20, 2016 at 08:57 | Source:
State Bank of India has informed BSE that the Committee of directors, is scheduled to have a meeting on August 24, 2016, to examine the status and decide on long term AT1 fund raising in single/multiple tranches in domestic/foreign currency through a public offer and/or private placement during the Financial year 2016-17.
Aug 19, 2016 at 19:30 | Source: PTI
Country's forex exchange reservessurged by USD 73.2 million to touch a life-time high of USD365.82 billion in the week to August 12, helped by increasein foreign currency assets, the Reserve Bank said today.
Aug 17, 2016 at 14:54 | Source: Reuters
Fronted by ex-Citi and Deutsche Bank currencies supremo Andy Coyne, Cobalt DL's initiative is the latest to move forward with serious real world uses of a technology which promises to simplify banks unwieldy computer infrastructure.
Aug 17, 2016 at 14:07 | Source: Reuters
A special task force, jointly launched by the MPS, central bank, and foreign exchange regulator, uncovered illegal banking services in 192 locations, the report said.
Aug 10, 2016 at 18:40 | Source: PTI
The rupee opened higher at 66.68 against last closing level of 66.84 per dollar at the Interbank Foreign Exchange (Forex) market. It hovered in a range of 66.6650 and 66.7825 before closing at 66.72 a dollar, showing a gain of 12 paise or 0.18 percent.
Aug 10, 2016 at 16:51 | Source: CNBC-TV18
Cabinet on Wednesday approved foreign direct investment in more non-banking finance companies (NBFC) categories which was announced in Budget 2016, reports CNBC-TV18s Rituparna Bhuyan.
Aug 09, 2016 at 14:07 | Source: CNBC-TV18
The foreign currency non-resident (or FCNR) deposits raised by domestic banks in 2013 will soon be coming up for redemption in September-November. It could see outflows of about USD 20 billion from banks. However, RBI is unfazed. It says it has measures in place to counter the redemptions.
Aug 09, 2016 at 12:00 | Source: PTI
In the Third Bi-monthly Policy Statement for 2016-17, RBI Governor Raghuram Rajan said that as regards the management of the imminent FCNR(B) redemptions, the central bank has been frontloading liquidity provision through open market operations and spot interventions/deliveries of forward purchases.
Aug 07, 2016 at 11:36 | Source: PTI
The data announced by central bank, the People's Bank of China was basically in line with market expectations after an unexpected rise surprised investors in June.
Aug 07, 2016 at 11:36 | Source: PTI
It comes following a four-month high inflow of Rs 12,612 crore in the preceding month. This was the highest net inflow since March, when FPIs had pumped in Rs 21,143 crore in the stock markets.
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