Times of India

Foreign, private banks raise over 68% FCNR(B) funds

Foreign, private banks raise over 68% FCNR(B) fundsWorldPing

Foreign currency deposits saw a significant increase between June and July. Banks aggressively mobilized these funds, taking advantage of RBI incentives. HSBC, SBI, and ICICI Bank led the collection efforts for these deposits.

This is a short WorldPing brief. The full report was published by Times of India.

Read the full report at Times of India

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