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India's FCNR (B) inflows projected to touch $80-85 billion; Already surpassed 2013 levels: SBI Research
India may now receive Foreign Currency Non-Resident (Bank) deposits in the range of $65-70 billion by the end of the scheme and overall $80-USD 85 billion
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economictimes.indiatimes.com
Bank of India aims to raise $1.2 billion through FCNR-B deposits, plans additional $2 billion overseas borrowing
Bank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 million through the FCNR-B window. …
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thehindu.com
RBI sees rupee as undervalued; FCNR(B) inflows cross $32 billion
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial position.
