Private banks top FCNR(B) deposit drive; ICICI leads, HSBC tops overall, SBI No. 1 among PSBs
· thehindubusinessline.com
Private banks surpassed PSBs in FCNR(B) deposit mobilisation under RBI's forex swap scheme, with HSBC, SBI and ICICI Bank leading inflows.
Private sector banks (PVBs) have emerged ahead of public sector banks (PSBs) in mobilising Foreign Currency Non-Resident Bank (FCNR(B)) deposits with maturities...