Registrieren
Registierung erfolgt in Kürze...
Details werden geladen...
Cover in Dubai, dollars in India, foreign banks are ready to play - The Economic Times
Overseas banks are finding a clever way to tap India's dollar demand without exceeding exposure limits. They're asking Indian banks to issue guarantees, known as SBLCs, from their Singapore or UAE branches instead of India. This allows foreign lenders to offer substantial loans to NRIs for FCNR deposits, boosting inflows while shifting country risk away from India. Arrangements are expected to finalize soon.
Ähnliche Seiten
India offers up to 9 times leverage to NRIs to attract fresh forex inflows; guarantees returns of over 7% - The Times of India
https://timesofindia.indiatimes.com/business/india-business/india-offers-up-to-9-leverage-to-nris-to-attract-fresh-forex-inflows-guarantees-returns-of-over-7/articleshow/131960918.cmsOverseas branches can lend to NRIs for deposits in India - The Times of India
https://timesofindia.indiatimes.com/business/india-business/overseas-branches-can-lend-to-nris-for-deposits-in-india/articleshow/131949822.cms
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas funding - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/banking/free-flow-of-fcnrb-money-rbi-to-bear-hedging-costs-on-nri-fx-deposits-easing-banks-overseas-funding/articleshow/131539963.cmsRBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings - The Economic Times
https://economictimes.indiatimes.com/wealth/invest/rbi-sweetens-fcnr-deposits-nris-can-now-earn-up-to-7-on-dollar-savings/articleshow/131869652.cms
The benefits and risks of RBI’s policy on foreign currency NRI deposits | Mint
https://www.livemint.com/economy/rbi-foreign-currency-nri-deposits-rupee-defence-risks-explained-11782041864329.html