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Canara Bank targets up to $2.5 billion via FCNR-B, overseas borrowings
Canara Bank plans to raise up to $2.5 billion through FCNR-B deposits and overseas borrowings to boost dollar inflows. The lender reported a 2.2% rise in first-quarter profit, improved asset quality, steady margins and double-digit growth in advances and deposits.
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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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India may see up to $85 billion in forex inflows after RBI's FCNR move: Report
