SBI's Chairman Setty anticipates a 3-4 month timeline for deploying surplus FCNR(B) liquidity amid robust credit demand.

The SBI Chairman said banks are unlikely to deploy the surplus liquidity immediately, as the banking system had a ₹10.5 lakh crore surplus as of September 8.

State Bank of India anticipates deploying foreign currency deposits over three months. The bank is enhancing artificial intelligence adoption across key operational areas. …