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BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits

The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings

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Business StandardCenter·1h ago
BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits
The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings
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BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits

How 1 sources are covering this

BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits

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