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

RBI to bear hedging costs on FCNR(B) deposits till Sept 2026, aiming to boost NRI inflows and support the rupee amid weak capital flows ...

The Financial Accounting Standards Board posted a proposed accounting standards update to improve interest rate risk hedging ...

Lenders can now exclude hedged dollar transactions from their net overnight open position limits, making it easier to attract ...

RBI allows banks to lend against foreign currency deposits to non-residents, aiming to boost dollar inflows. New rules ...

The RBI has clarified how its FCNR(B) swap facility will work, answering questions on loans against deposits, ECB eligibility ...

FASB published two Accounting Standards Updates recently. One is intended to improve accounting guidance for interest rate ...

New Delhi, Jun 11 (PTI) Several banks, including ICICI and SBI, on Thursday launched a new Foreign Currency Non-Resident (FCNR (B)) deposit scheme offering higher interest rates for Non-Resident ...

Foreign Currency Non-Resident (Bank), or FCNR(B) deposits back in focus as Reserve Bank of India (RBI) explores fresh push for non-resident Indians (NRIs) funds.

The RBI also clarified that under the special swap facility, it will bear the hedging cost only on the principal amount of ...

The Reserve Bank of India announced a series of forex measures last week, including offering concessional ​swaps to encourage ...

South Korea’s state-run pension fund has activated a foreign-exchange swap agreement it recently signed with the Bank of Korea, according to a person familiar with the matter. The National Pension ...