Large $127 billion foreign currency deposit mobilisation a 'shot in the arm' for Indian banks: S&P
· thehindubusinessline.com
S&P highlights a $127 billion deposit surge in Indian banks, enhancing liquidity and easing funding conditions significantly.
S&P Global Ratings on Monday said the $127 billion mobilised by Indian banks through a special deposit scheme to attract US dollars is a "shot in the arm" for I...