Federal Bank expects FCNR inflows from Singapore and Hong Kong, leveraging the RBI's FCNR-B deposit scheme.

The entities involved

• Federal Bank →

  large commercial bank located in India

  Nothing else this week.

• Singapore →

  sovereign island country and city-state in maritime Southeast Asia

  • The Parliamentary Budget Officer notes that separating capital expenditure (capex) and operational expenditure (opex) is a common practice.Mon 17:41
  • Bird species typically found in Java.Mon 17:13
• Reserve Bank of India →

  central bank of India

  • RBI monitors challenges from crude oil prices and concerns over inflation and slowing growth.Mon 13:28
  • Nomura advises on potential shifts in Reserve Bank of India policy amid changes in the global economic outlook.Mon 13:10
• Hong Kong →

  city and special administrative region of China

  • AEON Credit Service (Asia) Company Limited operates within the Hong Kong market.Mon 12:24
  • Hong Kong is expanding its yuan products and listings in cooperation with Kazakhstan.Mon 10:39

Related events

• Several banks, including Bank of Baroda, Axis Bank, and Canara Bank, are actively seeking overseas funding through facilities provided by the Reserve Bank of India.Sep 9
• IDFC First Bank stock traded on BSE at Rs. 84.95, while the bank utilized the RBI FCNR(B) swap window for deposit mobilization.Sep 3
• F&B adoption remains low in Singapore, noted as of September 1st.Mon 04:06
• Singapore operates as a major financial hub.Jun 11
• MAS regulates financial services in Singapore to maintain a competitive edge against rival financial hubs.Aug 17