The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.

For companies concerned about market volatility, interest rate swaps are a valuable financial tool to establish a level of ...

With US dollar deposit rates in major markets still offering returns of over 4%, Indian banks may need to raise FCNR(B) deposit rates by at least 100 basis points to remain competitive and persuade ...

The RBI has clarified how its FCNR(B) swap facility will work, answering questions on loans against deposits, ECB eligibility, interest rates and hedging rules. Here's what NRIs and banks need to know ...

The amended direction states: the interest rate ceiling applicable to fresh FCNR (B) deposits mobilised by banks, including deposits renewed upon maturity, for 3-5 year tenure, is temporarily ...