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RBI FCNR Swap: What US-Based NRIs Should Know

The RBI introduced the US dollar-rupee swap facility on Monday, June 8, 2026. It applies to eligible fresh FCNR(B) deposits, including deposits renewed at maturity, with an original tenure of at least three years and no more than five years. Deposits must be mobilized between Monday, June 8, 2026, and Wednesday, September 30, 2026. Banks may use the RBI swap window through Friday, October 16, 2026. The swap

NRI News

26 Jun 2026 10:37 AM 8 views

RBI FCNR Swap: What US-Based NRIs Should Know

The RBI introduced the US dollar-rupee swap facility on Monday, June 8, 2026. It applies to eligible fresh FCNR(B) deposits, including deposits renewed at maturity, with an original tenure of at least three years and no more than five years. Deposits must be mobilized between Monday, June 8, 2026, and Wednesday, September 30, 2026. Banks may use the RBI swap window through Friday, October 16, 2026. The swap

NRI News

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

NRI News

16 Jan 2026 08:11 AM 338 views

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Bank of India’s Mumbai North Zone recently organised an NRI Meet titled “Pravasi Sampark” as part of its ongoing efforts to deepen engagement with Non-Resident Indian customers and better understand their evolving banking, investment, and remittance requirements. The initiative reflects the bank’s focus on strengthening long-term relationships with the global Indian diaspora by offering customer-centric and technology-driven financial solutions. The event was attended by sen

NRI News

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom

Business

29 Sep 2025 23:20 PM 427 views

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

The Reserve Bank of India has rolled out a new framework aimed at simplifying and expediting the process of claim settlement for deceased account holders. This step comes after years of confusion caused by different practices adopted by banks, often leaving grieving families struggling with lengthy procedures and paperwork. The new rules mandate that banks must settle claims related to accounts and lockers of deceased customers within 15 days. In addition, nom

Business

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

Starting November 1, 2024, several important updates across various sectors will impact daily life in India. These include changes in LPG cylinder prices, adjustments to SBI and ICICI Bank credit card fees, new money transfer rules from the RBI, a revised booking window for train tickets, and enhanced message traceability in telecom. Staying updated with these changes is crucial for financial planning and regulatory compliance. Here’s an overview of the most significant update

General

01 Nov 2024 05:31 AM 1.48k views

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

Starting November 1, 2024, several important updates across various sectors will impact daily life in India. These include changes in LPG cylinder prices, adjustments to SBI and ICICI Bank credit card fees, new money transfer rules from the RBI, a revised booking window for train tickets, and enhanced message traceability in telecom. Staying updated with these changes is crucial for financial planning and regulatory compliance. Here’s an overview of the most significant update

General

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#indianbanks

RBI FCNR Swap: What US-Based NRIs Should Know

RBI FCNR Swap: What US-Based NRIs Should Know

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

Kannada and Telugu Ashada masam 2025: traditions, vratas, and festival guide

Northern lights may shine over 20 US states tonight due to intense geomagnetic storm

Future of Google's Mountain View Housing Plans Uncertain as Middlefield Park Faces Sale

Trump Escalates Rhetoric on Iran Conflict, Calls Critics "Traitors"

IAS Officer Amrapali Transferred to Andhra Pradesh Amid Speculation on Pawan Kalyan’s Plans

Tech Titans: Uncovering Opportunities in the Technology Sector

Chicago Museum of Broadcast Communications reopens with Johnny Carson exhibit

Michigan Woman Survives 15-Pound Tumor After High-Risk Surgery in Chicago

Heinz Launches Custom Sauce Machine Trial in Select Suburban Restaurants

Iran Embassy in India Faces Technical Issues with Donation Transfers Amid War

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Kannada and Telugu Ashada masam 2025: traditions, vratas, and festival guide

Northern lights may shine over 20 US states tonight due to intense geomagnetic storm

Future of Google's Mountain View Housing Plans Uncertain as Middlefield Park Faces Sale

Trump Escalates Rhetoric on Iran Conflict, Calls Critics "Traitors"

IAS Officer Amrapali Transferred to Andhra Pradesh Amid Speculation on Pawan Kalyan’s Plans

Tech Titans: Uncovering Opportunities in the Technology Sector

Chicago Museum of Broadcast Communications reopens with Johnny Carson exhibit

Michigan Woman Survives 15-Pound Tumor After High-Risk Surgery in Chicago

Heinz Launches Custom Sauce Machine Trial in Select Suburban Restaurants

Iran Embassy in India Faces Technical Issues with Donation Transfers Amid War

#indianbanks

RBI FCNR Swap: What US-Based NRIs Should Know

RBI FCNR Swap: What US-Based NRIs Should Know

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

Pravasi Sampark NRI meet highlights Bank of India’s global banking focus

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

RBI Eases Claim Settlement Rules For Deceased Bank Accounts, Compensation For Delays

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

New Rules for India: From Train Bookings to Credit Card Charges Starting November 1

Kannada and Telugu Ashada masam 2025: traditions, vratas, and festival guide

Northern lights may shine over 20 US states tonight due to intense geomagnetic storm

Future of Google's Mountain View Housing Plans Uncertain as Middlefield Park Faces Sale

Trump Escalates Rhetoric on Iran Conflict, Calls Critics "Traitors"

IAS Officer Amrapali Transferred to Andhra Pradesh Amid Speculation on Pawan Kalyan’s Plans

Tech Titans: Uncovering Opportunities in the Technology Sector

Chicago Museum of Broadcast Communications reopens with Johnny Carson exhibit

Michigan Woman Survives 15-Pound Tumor After High-Risk Surgery in Chicago

Heinz Launches Custom Sauce Machine Trial in Select Suburban Restaurants

Iran Embassy in India Faces Technical Issues with Donation Transfers Amid War

Popular Cities