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SBI, HSBC and ICICI lead India's overseas deposit drive, data shows - The Economic Times
HSBC, SBI and ICICI Bank emerged as the top beneficiaries of the RBI’s dollar deposit scheme for NRIs, raising $6.14 billion, $4.12 billion and $3.7 billion, respectively. Launched to support the rupee and boost foreign currency inflows, the scheme helped banks attract $36.7 billion. FCNR(B) deposits surged to $60.55 billion from $32.56 billion.
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economictimes.indiatimes.com
RBI's FCNR, forex schemes draw $40.81 billion in inflows so far
Significant capital inflows have been recorded, thanks to the proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in…
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thehindubusinessline.com
FCNR(B) deposit inflows reach $36.725 billion between June 8 and July 31: RBI
Banks have raised $36.7 billion through FCNR(B) deposits under the RBI's hedging facility, helping lift India's total forex inflows to $40.8 billion.
