banking news

RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows
Business

RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows

Banks have registered a gradual increase in the flow of overseas funds after the rollout of the RBI FCNR-B deposit…
98.47 pc of Rs 2000 notes returned since withdrawal announcement: RBI
News

98.47 pc of Rs 2000 notes returned since withdrawal announcement: RBI

The Reserve Bank of India on Friday said that 98.47 per cent of the Rs 2,000 denomination banknotes in circulation…
RBI reverse repo auction Rs 2 lakh crore to absorb excess liquidity
Business

RBI reverse repo auction Rs 2 lakh crore to absorb excess liquidity

The Reserve Bank of India announced on Friday that it is carrying out a Variable Rate Reverse Repo (VRRR) auction…
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