Tag: International Banking Units
Posted in Economy
Record FCNR (B) inflows as banks mobilise $127 bln
Mumbai: Banks have mobilised a whopping $127.22 billion from foreign currency non-resident (bank) FCNR (B) deposits in less than three months till the scheme closed…
Posted in Economy
Banks push for Yuan trade in GIFT City as India-China ties warm up
With ties between India and China easing up, the Centre and the International Financial Services Centre Authority (IFSCA) are considering a suggestion by banks to…