Fcnr B News

For deposits of one year and above, but less than two years, the Indian Bank has revised the interest rates to 2.89% from the existing 2.77%.

Indian Bank has fixed interest rates at 2.77% for FCNR (B) deposits of one year and above but less than two years from the current 2.63%

Indian Bank's interest rates on FCNR (B) deposits of three years and above but less than four years, have been revised to 2.67% from existing 2.75%

A look at the factors that can influence RBI's rate cut decision on 4 October

RBI is bound to cut the interest rates soon, but the question is whether it will happen now or in December's monetary policy review

Raghuram Rajan says the government needs to ensure that the norms governing the RBI do not leave any space for ambiguity

The bank will take all necessary measures to even out the resultant rupee liquidity gaps through use of appropriate instruments, says RBI

Assuming forex reserves stay at the current level and imports rise by 10%, the reserves would come down to 7.5 months at the end of March 2015

Barring Citibank, four of the top five foreign banks operating in India have posted lower profit in 2013-14

For deposits of two years and above but less than three years, the interest rates have been revised to 2.58% from 2.52%