Foreign Currency Archives

DBS Bank India Revises FCNR(B) Deposit Rates, Offers Up To 5.6% On USD Deposits For NRIs

Last Updated:July 02, 2026, 3:11 PM IST DBS Bank India revised FCNR(B) deposit rates for NRIs, offering up to 5.6% p.a. on USD deposits for 3-5 years, effective July 1, 2026. Under the new rates, the bank is offering up to 5.6 per cent per annum on USD FCNR(B) deposits with tenures ranging from three…

India’s Forex Reserves Jump .49 Billion To 5.11 Billion

India’s Forex Reserves Jump $1.49 Billion To $695.11 Billion

DainikNews Live Admin11 months ago04 mins

New Delhi: India’s foreign exchange reserves rose by $1.49 billion to $695.11 billion for the week ended August 15, data released by the RBI on Friday showed. The increase comes on the back of a $4.75 billion surge to $693.62 billion during the preceding week ended August 8, reflecting the stable external balance position of…