Fcnr-b Deposits
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Won't Allow Foreign Deposit Redemptions To Disrupt Market: Rajan
Allaying fears of market disruption in view of $20 billion worth of redemptions in foreign deposit accounts in the coming months, the Reserve Bank on Tuesday said it will continue with domestic liquidity operations and foreign exchange interventions to ensure smooth repayments.
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Have Enough Dollars To Take Care Of $20 Billion Outflows: Rajan
Reserve Bank on Tuesday said it expects around $20 billion outflows from FCNR-B deposits redemptions, which may create some short-term dollar shortages but Governor Raghuram Rajan assured that the central bank has enough dollars to meet any sharp market volatilities.
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Icra Sees Deposit Growth Inching Up To 10-11% In FY'17
Rating agency Icra has said bank deposit is going to see a modest growth of 10-11 per cent in 2016-17 helped by realignment of small savings schemes but warned that there could likely be some redemption pressure of FCNR-B deposits maturing later in the year.
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RBI extends deregulated NRE deposit schemes till January 31
To attract more dollar inflows, the Reserve Bank of India (RBI) has extended the deregulated interest rate scheme for non-resident-external (NRE) deposits till January 31 next year from the earlier November 30.
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Special swap windows net $15.2 billion so far: RBI
The Reserve Bank of India (RBI) said on Wednesday that it has received $15.2 billion so far from its special swap windows opened to attract FCNR-B deposits as well the special ECB window facility for banks.
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Won't Allow Foreign Deposit Redemptions To Disrupt Market: Rajan
Allaying fears of market disruption in view of $20 billion worth of redemptions in foreign deposit accounts in the coming months, the Reserve Bank on Tuesday said it will continue with domestic liquidity operations and foreign exchange interventions to ensure smooth repayments.
-
Have Enough Dollars To Take Care Of $20 Billion Outflows: Rajan
Reserve Bank on Tuesday said it expects around $20 billion outflows from FCNR-B deposits redemptions, which may create some short-term dollar shortages but Governor Raghuram Rajan assured that the central bank has enough dollars to meet any sharp market volatilities.
-
Icra Sees Deposit Growth Inching Up To 10-11% In FY'17
Rating agency Icra has said bank deposit is going to see a modest growth of 10-11 per cent in 2016-17 helped by realignment of small savings schemes but warned that there could likely be some redemption pressure of FCNR-B deposits maturing later in the year.
-
RBI extends deregulated NRE deposit schemes till January 31
To attract more dollar inflows, the Reserve Bank of India (RBI) has extended the deregulated interest rate scheme for non-resident-external (NRE) deposits till January 31 next year from the earlier November 30.
-
Special swap windows net $15.2 billion so far: RBI
The Reserve Bank of India (RBI) said on Wednesday that it has received $15.2 billion so far from its special swap windows opened to attract FCNR-B deposits as well the special ECB window facility for banks.
