India's foreign exchange reserves increased by $14.1 billion to $707 billion. Foreign currency assets rose by $9.9 billion, and gold reserves gained $3.9 billion. These reserves have now declined from their earlier peak of $728 billion. Further inflows are expected from FCNR(B) and ECB schemes unti»»»

The Reserve Bank of India has moved up the deadline for banks to mobilise foreign currency deposits from non-resident Indians, after the scheme attracted more than $56 billion in inflows. The RBI said on Friday that banks will now have until August 31, 2026, to raise Foreign Currency Non-Resident (»»»

Mumbai (Maharashtra) [India], August 14 (ANI): The Reserve Bank of India (RBI) has decided to prematurely close the deposit mobilisation window under its special forex swap facility for Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, bringing forward the deadline for banks to mobilise such»»»