SBI's Economic Research predicts $8-9 billion inflows from FCNR(B) deposits, supported by RBI's cost-bearing measures and regulatory clarity.

CHENNAI: Public sector lender Indian Bank is aiming to raise $2 billion through foreign currency non-resident (bank) (FCNR(B)) deposits. The move comes in the wake of the RBI…

SBI's Economic Research predicts $8-9 billion inflows from FCNR(B) deposits, supported by RBI's cost-bearing measures and regulatory clarity.