FM Sitharaman Reviews RBI Swap Schemes as Banks Report Strong FCNR(B) Inflows

Loading… Finance Minister Nirmala Sitharaman is actively reviewing RBI’s swap schemes as banks report robust FCNR(B) inflows this week. This move signals urgent action to stabilize foreign exchange markets amid rising global economic pressures. The inflows show strong investor confidence in Indian banking sectors. FCNR(B) Inflows Boost Bank Stability Banks have seen a surge in … Read more

RBI likely to keep rates unchanged till October, India’s GDP to moderate to 6.6-6.8% in FY27: BoB Outlook

Loading… The Reserve Bank of India (RBI) will likely keep interest rates steady. This news comes from a new Bank of Baroda (BoB) outlook. You might not see lower loan rates very soon. The bank predicts no changes until October. This decision affects your home loans and car loans. Actually, it keeps your monthly EMI … Read more

RBI invites bids to develop ₹1,586-crore central office building at Mumbai’s Nariman Point | Real Estate News

Your browser does not support the video tag. Loading… RBI has just invited bids to build a new ₹1,586-crore central office in Mumbai’s prime Nariman Point area. The move signals a major upgrade for the country’s central bank as it seeks modern, efficient office infrastructure. Project Details and Location ₹1,586 crore budget allocated for the … Read more

RBI flags Mule accounts, FCNR(B) mobilisation, financial expansion and gold loans at Bankers’ meet

Loading… TheReserve Bank of India just held a big meeting with bank chiefs. Governor Shaktikanta Das flagged four major issues. He wants quick action on all fronts. Mule Accounts And FCNR(B) Push Banks must crack down on mule accounts fast. These accounts move illegal money. The RBI gave a strict deadline. FCNR(B) deposits need a … Read more