→
JPY/INR bank rates,
side by side.
Today's Japanese Yen buy and sell quotes from every Indian bank in our cohort. TT, bills, travel card and currency-note channels, the mid-market benchmark and the per-bank spread, all in one place.
Bank quotes
Every bank quoting JPY today.
Tightest spread
₹0.00
0.00% of mid
Widest spread
₹4.73
7.86% of mid
Range
—
best to worst
Banks quoting
22
of 33 tracked
| Bank | Band | Buy | Sell | Spread /100 | % of mid | As of |
|---|---|---|---|---|---|---|
 MashreqBankForeign | Tight | 60.0000 | 60.0000 | ₹0.00 | 0.00% | 16 Oct00:00 |
 Indian Overseas BankPublic Sector | Tight | 59.6700 | 60.3300 | ₹0.66 | 1.10% | 16 Oct |
 Punjab National BankPublic Sector | Tight | 59.8300 | 60.6000 | ₹0.77 | 1.28% | 16 Oct14:00 |
 Bank of BarodaPublic Sector | Tight | 59.7900 | 60.6200 | ₹0.83 | 1.38% | 16 Oct |
 UCO BankPublic Sector | Narrow | 59.3900 | 60.5900 | ₹1.20 | 2.00% | 16 Oct |
 KEB Hana BankForeign | Narrow | 59.4594 | 60.6606 | ₹1.20 | 2.00% | 16 Oct14:39 |
 State Bank of IndiaPublic Sector | Narrow | 59.4900 | 60.8000 | ₹1.31 | 2.18% | 16 Oct13:15 |
 Deutsche BankForeign | Standard | 58.8600 | 61.1600 | ₹2.30 | 3.83% | 16 Oct00:00 |
 Emirates NBD BankForeign | Standard | 58.9770 | 61.3410 | ₹2.36 | 3.93% | 16 Oct14:00 |
 Citibank N.A.Foreign | Standard | 58.7800 | 61.2300 | ₹2.45 | 4.08% | 16 Oct09:05 |
 Mizuho Bank LimitedForeign | Wide | 58.6800 | 61.3400 | ₹2.66 | 4.43% | 16 Oct09:15 |
 SBM BankForeign | Wide | 58.6600 | 61.3600 | ₹2.70 | 4.50% | 16 Oct09:29 |
 IDFC First BankPrivate | Wide | 58.6300 | 61.3600 | ₹2.73 | 4.55% | 16 Oct09:08 |
 IndusInd BankPrivate | Wide | 58.5300 | 61.4200 | ₹2.89 | 4.82% | 16 Oct09:57 |
 HSBC BankForeign | Wide | 58.5100 | 61.5000 | ₹2.99 | 4.98% | 16 Oct10:00 |
 JP Morgan Chase Bank N.A.Foreign | Wide | 58.5100 | 61.5100 | ₹3.00 | 5.00% | 16 Oct00:00 |
 RBL BankPrivate | Wide | 58.4500 | 61.4700 | ₹3.02 | 5.04% | 16 Oct09:00 |
 MUFG Bank, Ltd.Foreign | Wide | 58.4100 | 61.7100 | ₹3.30 | 5.49% | 16 Oct09:50 |
 Kotak Mahindra BankPrivate | Wide | 58.0400 | 61.9200 | ₹3.88 | 6.47% | 16 Oct09:00 |
 ANZ BankForeign | Wide | 58.0500 | 61.9500 | ₹3.90 | 6.50% | 16 Oct09:01 |
 Axis BankPrivate | Wide | 57.9600 | 61.9500 | ₹3.99 | 6.65% | 16 Oct09:18 |
 HDFC BankPrivate | Wide | 57.7900 | 62.5200 | ₹4.73 | 7.86% | 16 Oct12:22 |
11 banks are hidden — their last published JPY quote is more than a day old, so it is no longer a reliable current price.
How the bands work
Each bank's TT spread (sell − buy as % of mid) is bucketed into four bands. Bands shift as banks adjust pricing, a bank's position today isn't a permanent classification. Bands are empirical, not advisory.
Tight
≤ 1.4%
Smallest gap between buy and sell.
Narrow
1.4 to 3.0%
Tighter than the cohort average.
Standard
3.0 to 4.4%
Around the cohort average.
Wide
> 4.4%
Widest end of today's cohort.
Per-bank transaction bandsBanks publish rates for tickets within a size band, talk to the branch for the rest.+
JPY/INR rates · frequently asked
Other currencies
Compare another corridor across the same cohort.
talk to capera
Turn this gap into a saving.
Indian banks publish a card rate; treasury desks negotiate underneath it. For a single sized JPY transaction or a recurring monthly flow, we'll walk through today's market with you and help you pick the right counterparty.
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