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Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks want to revive a special deposit scheme for foreign currency non-resident accounts. This could help increase dollar supply. The Reserve Bank of India is considering the proposal.
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economictimes.indiatimes.com
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Banks seek easing of guarantee curbs to draw more NRI funds
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks want to revive a special…
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Banks seek easing of guarantee curbs to draw more NRI funds - The Economic Times
Indian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspora. Banks want to revive a special…