#foreign-currency
Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid
The case highlights the importance of establishing ownership and the source of cash or foreign currency found during an income tax search through credible, corroborated evidence.
SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surge
State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed gradually over the coming months. The central bank's swap facility attracted significant foreign capital inflows. Comme…
SBI chief Setty says $127 billion FCNR inflow won’t trigger lending surge
State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed gradually over the coming months. The central bank's swap facility attracted significant foreign capital inflows. Comme…
Ujjivan Small Finance Bank Revises USD FCNR(B) Deposit Rate to 7.50% p.a.
BENGALURU, India, July 7, 2026 /PRNewswire/ -- In line with the Reserve Bank of India's recent policy measures to encourage higher foreign currency inflows through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, Ujjivan Small Finance Bank has revised…
Bank of Baroda may raise up to $1 billion via senior unsecured notes issuance
The plan to raise resources via the senior unsecured notes may be to provide leverage to its NRI customers wanting to place fresh foreign currency non-resident (bank) deposit with the bank at higher interest rates
Euphoria over FCNR (B) deposits misplaced
Sections of the Indian diaspora in the US are facing an income squeeze, which may cloud the prospects of this scheme
Credit cards: Foreign currency transaction charges explained — Here's how the mark-up fee is calculated
Credit cards come with some of the highest interest rates and a slew of additional charges and fees attached. Some of these include the annual fee, joining fee, late payment charges, foreign currency mark-up fee and transaction charges.