Banking News
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Source: The Hindu BusinessLine
The Hindu BusinessLine
Source
RBI & Policy
Category
3 min
Read time
26 Jun
Published
RBI & Policy
3 min read· The Hindu BusinessLineSouth Indian Bank eyes inflows of up to $1 billion via fresh FCNR (B) deposits
The sharp rise in interest rates on FCNR (B) deposits follows RBI’s measures to bolster Dollar inflows, including by bearing the full hedging cost for fresh 3–5-year FCNR (B) deposits raised up to September-end 2026…
The sharp rise in interest rates on FCNR (B) deposits follows RBI’s measures to bolster Dollar inflows, including by bearing the full hedging cost for fresh 3–5-year FCNR (B) deposits raised up to September-end 2026
#RBI
Source: The Hindu BusinessLine