BENGALURU: Canara Bank plans to raise $2.3-2.5 billion through foreign-currency deposits under RBI's FCNR(B) deposit swap window, its MD and CEO Brajesh Kumar Singh told TOI.

India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public sector banks are leading this significant…

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

The Reserve Bank of India's concessional swap facility could attract $80-85 billion in foreign currency inflows, led by strong Foreign Currency Non-Resident (Bank) [FCNR(B)]…