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FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentum
Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on foreign currency deposits and are seeing significant interest. Public sector banks are employing customized digital strategies to engage the NRI diaspora effectively. International Banking Units at GIFT City are being utilized for fund mobilization from multiple jurisdictions.
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economictimes.indiatimes.com
FM Nirmala Sitharaman to meets heads of PSU banks on Mon, review foreign currency deposit mobilisation
Finance Minister Nirmala Sitharaman will meet public sector bank heads on Monday. The meeting will review progress on attracting foreign currency deposits from NRIs. RBI withdrew…
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thehindubusinessline.com
FM Sitharaman to meet PSB chiefs to review foreign currency deposit drive
Finance Minister Nirmala Sitharaman will meet PSB chiefs to review foreign currency deposit mobilization strategies and progress.
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FM Nirmala Sitharaman calls for enhanced NRI outreach to sustain foreign currency mobilisation momentum
Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non Resident Indians. Banks are offering attractive returns on foreign currency deposits and are seeing…
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FM asks banks to step up NRI outreach as FCNR mobilisation gathers pace
FM Nirmala Sitharaman urges banks to enhance NRI outreach to boost foreign currency deposit mobilisation as trends accelerate.
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thehindu.com
RBI’s Foreign Currency Swap schemes receive positive response from NRIs in Singapore, HK, West Asia, U.K., U.S.: PSB chiefs
RBI’s foreign currency swap schemes gain traction among NRIs, prompting banks to enhance outreach and innovate deposit products.
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Nirmala Sitharaman calls for greater NRI outreach to boost foreign currency inflows
Finance Minister Nirmala Sitharaman urged banks to intensify outreach to non-resident Indians. Innovative deposit products and foreign currency inflows are key objectives for…
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timesofindia.indiatimes.com
Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits
NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked banks to enhance outreach to NRIs and introduce "innovative deposit products" to sustain the momentum of foreign…