
DBS Bank Ltd. expects the central bank to deploy a stronger tool in August by requiring banks to keep a larger proportion of deposits with the RBI

Sections of the Indian diaspora in the US are facing an income squeeze, which may cloud the prospects of this scheme
The Reserve Bank of India seems to be pulling out all the stops to ensure that banks are able to attract deposits from Non-Resident Indians (NRIs).


“This structural segmentation minimises direct competition between the two instruments, fostering concurrent allocation rather than substitution,” per the analysis

Forgotten savings still belong to you. Dormant bank account rules in India explain how to recover unclaimed deposits from the RBI’s DEAF fund with simple verification and KYC steps. Understand the rules, build knowledge and take steps to reclaim your funds.&n…