Led by NRI deposits, RBI swaps may draw $80-85 billion
Bankers anticipate India will attract eighty to eighty-five billion dollars through RBI's swap-backed initiatives. Early inflows are expected from FCNR(B) deposits, which are already seeing traction…
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RBI measures could bring $80-85 billion in foreign investment as banks increase NRI deposit mobilisation. Know the impact on liquidity and r
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The demand reflects the program’s attractive returns. Since the Reserve Bank of India is subsidizing the plan, lenders are offering deposito
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