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Canara Bank eyes $2.5 billion in foreign currency deposits
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.
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economictimes.indiatimes.com
India may see up to $85 billion in forex inflows after RBI's FCNR move: Report
India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public sector banks are leading this significant…
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newsbytesapp.com
RBI's latest move may bring $85B in forex inflows
India could witness up to $85 billion in forex inflows, driven by the Reserve Bank of India's FCNR initiative and higher interest rates boosting deposit renewals.
