IFSC Banking Units disbursed $52 billion against FCNR(B) deposits, enhancing loan leverage options for overseas investors.

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion…

India's RBI mobilized a record $127.23 billion in FCNR(B) deposits from its diaspora through a special swap facility that closed a month early

Banks mobilized over $127 billion from FCNR(B) deposits by August 31. Total dollar inflows reached $136.37 billion through special schemes. The FCNR(B) scheme alone accounted…