FM asks banks to step up NRI outreach as FCNR mobilisation gathers pace
Banks reported that FCNR(B) deposit mobilisation had shown a clear accelerating trend
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FM tells PSBs, PFIs to sustain momentum of foreign currency inflow
Finance Minister Nirmala Sitharaman urged Public Sector Banks to intensify outreach to the NRI diaspora to boost foreign currency mobilisati
Sitharaman tells banks: Devise ways to sustain foreign currency deposits
Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non-Resident Indians. She called for introducing innovative deposit p
Finance minister Niramala Sitharaman tells banks: Devise ways to sustain foreign currency deposits
Finance Minister Nirmala Sitharaman urged banks to enhance outreach to Non-Resident Indians. She called for introducing innovative deposit p
Indian Bank’s FCNR(B) inflows of Rs 19,000 Cr to partly replace bulk deposits, evaluating overseas branch expansion: MD Binod Kumar
Indian Bank expects its FCNR(B) mobilisation to help offset nearly Rs 19,000 crore of high cost bulk deposits by September end, with part of

RBI’s Dollar Mobilisation Measures Attract Over $10 Billion Inflows So Far

FM Sitharaman asks banks to step up NRI outreach to boost forex inflows
The RBI's special FCNR(B) swap window will remain open until September 30, while the facilities for eligible ECBs and OFCBs will be availabl

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