#fcnr-deposits

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Mumbai's financial sector has witnessed a significant recalibration as a once-popular deposit product—the Japanese yen (JPY)-linked special deposit—loses momentum following regulatory scrutiny and shifting bank strategies. These fancy financial instruments, heavily marketed to attract non-resident Indian (NRI) funds and appease analysts with attractive yield spreads, are now undergoing a correction. The Reserve Bank of India (RBI) has reportedly advised certain banks to ensure

NRI News

30 May 2025 02:49 AM 936 views

RBI reins in JPY-linked special deposits as banks scale down premium offerings

NRI News

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

India’s Chandrayaan-3 mission has made groundbreaking discoveries about the presence of lunar ice, indicating that frozen water deposits may be more abundant and accessible than previously believed.The Indian Space Research Organisation (ISRO) successfully landed Chandrayaan-3 near the Moon's South Pole on August 23, 2023, marking a significant achievement in lunar exploration. New data from the mission has provided crucial insights into temperature variations that affect ice format

Science

07 Mar 2025 07:16 AM 1.35k views

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Science

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

The Indian rupee ended the trading session stronger after the Reserve Bank of India (RBI) decided to keep the benchmark interest rates unchanged, while unveiling measures aimed at improving liquidity in the banking system. The domestic currency gained 3 paise, closing at 84.70 against the US dollar, compared to 84.73 in the previous session. As part of the monetary policy changes, the RBI raised the interest rate ceiling on one-year Foreign Currency Non-Resident (FCNR) deposits by 200 basis p

Finance & Economics

06 Dec 2024 10:48 AM 911 views

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Finance & Economics

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#fcnr-deposits

RBI reins in JPY-linked special deposits as banks scale down premium offerings

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Rajasthan, Punjab on High Alert After Operation Sindoor Strikes

Texas teachers face investigation over social media posts on Charlie Kirk assassination

"Surprising Greening of the Sahara: Heavy Rainfall Transforms the Desert Landscape"

Canned Indian Food vs Frozen Options: What Lasts Longer and Which is Better for You?

NBA YoungBoy Chicago concert canceled at United Center before show

AI System Prevents Elephant-Train Collision in Odisha

"Eerie Sounds of a Supermassive Black Hole: NASA's Cosmic Discovery"

Explosion near Red Fort Metro Station in Delhi sparks fire, police probe cause

ICC Announces Champions Trophy 2025 Schedule with Key Matches for India

Yogi Adityanath Demands SP Expel Abu Azmi Over Aurangzeb Remarks, Sparks Political Controversy

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Rajasthan, Punjab on High Alert After Operation Sindoor Strikes

Texas teachers face investigation over social media posts on Charlie Kirk assassination

"Surprising Greening of the Sahara: Heavy Rainfall Transforms the Desert Landscape"

Canned Indian Food vs Frozen Options: What Lasts Longer and Which is Better for You?

NBA YoungBoy Chicago concert canceled at United Center before show

AI System Prevents Elephant-Train Collision in Odisha

"Eerie Sounds of a Supermassive Black Hole: NASA's Cosmic Discovery"

Explosion near Red Fort Metro Station in Delhi sparks fire, police probe cause

ICC Announces Champions Trophy 2025 Schedule with Key Matches for India

Yogi Adityanath Demands SP Expel Abu Azmi Over Aurangzeb Remarks, Sparks Political Controversy

#fcnr-deposits

RBI reins in JPY-linked special deposits as banks scale down premium offerings

RBI reins in JPY-linked special deposits as banks scale down premium offerings

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Chandrayaan-3 Reveals Lunar Ice Deposits May Be More Abundant and Accessible Than Expected

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Indian Rupee Strengthens as RBI Keeps Rates Unchanged

Rajasthan, Punjab on High Alert After Operation Sindoor Strikes

Texas teachers face investigation over social media posts on Charlie Kirk assassination

"Surprising Greening of the Sahara: Heavy Rainfall Transforms the Desert Landscape"

Canned Indian Food vs Frozen Options: What Lasts Longer and Which is Better for You?

NBA YoungBoy Chicago concert canceled at United Center before show

AI System Prevents Elephant-Train Collision in Odisha

"Eerie Sounds of a Supermassive Black Hole: NASA's Cosmic Discovery"

Explosion near Red Fort Metro Station in Delhi sparks fire, police probe cause

ICC Announces Champions Trophy 2025 Schedule with Key Matches for India

Yogi Adityanath Demands SP Expel Abu Azmi Over Aurangzeb Remarks, Sparks Political Controversy

Popular Cities