FCNR(B) flows not to lead to abnormal lending, will get deployed in 4 months: SBI Chairman Setty

Mumbai, Sep 10 (PTI) State Bank of India Chairman C S Setty on Thursday dismissed concerns that FCNR(B) flows could lead to “abnormal lending”, pointing out that the inflows would be deployed over a period of up to four months. Setty, who heads India’s largest lender, said bankers would be responsible for deploying the funds […]

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