FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank and Kotak Mahindra Bank stand to benefit from higher inflows, IDFC First Ba…
The News Flicker
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank and Kotak Mahindra Bank stand to benefit from higher inflows, IDFC First Ba…
Indias banks have secured a flood of foreign currency deposits in a matter of weeks, easing one of the sectors biggest constraints, but the benefits are set to be uneven. Large private and mid-tier l…
Originally published by The Times of India. Read the full article →
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