NRE: HDFC Financial institution launches two-day NRE deposit drive to draw greenback inflows

Folks accustomed to the matter instructed ET that HDFC Financial institution, India’s largest lender by market capitalization, will open a devoted two-day window to supply 50 foundation factors extra curiosity to NRE deposits than the prevailing charges. The transfer coincides with the US Federal Reserve’s set resolution on coverage charges, that are anticipated to rise … Read more

NRE: HDFC Financial institution launches two-day NRE deposit drive to draw greenback inflows

Individuals conversant in the matter advised ET that HDFC Financial institution, India’s largest lender by market capitalization, will open a devoted two-day window to supply 50 foundation factors extra curiosity to NRE deposits than the prevailing charges. The transfer coincides with the US Federal Reserve’s set determination on coverage charges, that are anticipated to rise … Read more

Overseas fund inflows to banks stay weak regardless of RBI’s lenient steps

RBI waives off on upkeep of money reserve ratio and statutory liquidity ratio on contemporary overseas foreign money non-resident (financial institution) deposits Pricey reader, Enterprise Commonplace has at all times labored arduous to supply up to date info and commentary on occasions which might be of curiosity to you and have wider political and financial … Read more