If you are an NRI holding surplus dollars overseas, the Reserve Bank of India (RBI) has opened a facility that could make ...

RBI introduced a US Dollar-Rupee swap facility for fresh FCNR(B) deposits with tenors of three to five years. The scheme enables banks to swap eligible deposits with RBI, supporting foreign currency ...

The facility will allow banks to raise fresh three- to five-year FCNR(B) deposits at lower hedging cost, helping support ...

The Reserve Bank of India updated its Master Direction on Foreign Investment, simplifying FPI rules for government securities ...

The development comes following governor Sanjay Malhotra’s statement on June 5, announcing easing of norms for overseas ...

RBI has reiterated that old series banknotes issued before 2005 remain legal tender but should not be re-issued by banks. The circular consolidates earlier instructions aimed at introducing notes with ...

As per the new RBI rules, the total amount due for the credit card holder will be the credit amount that they used till the ...

According to the RBI, the swap facility will be available for eligible ECBs and OFCBs raised in any currency, though the swap transaction with the central bank will be conducted only in US dollars.

https://www.thehindubusinessline.com/money-and-banking/rbi-to-mandate-unique-transaction-identifier-for-otc-derivatives-from-april-2026/article70193583.ece Copy The ...

The RBI has launched two US Dollar-Rupee forex swap facilities. One is for fresh FCNR(B) deposits with a 3-5 year tenor, and ...

Mumbai, Jun 8 (PTI) The Reserve Bank on Monday introduced a US dollar-rupee forex swap facility for fresh FCNR (B) deposits mobilised by banks for a minimum tenor of three years and a maximum of five ...