Indian Bank targets $2 billion mobilization through FCNR(B) deposits: MD & CEO Binod Kumar

Sunday, July 12, 2026 - 21:20
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Indian Bank targets $2 billion mobilization through FCNR(B) deposits: MD & CEO Binod Kumar
Indian Bank plans to raise $2 billion through RBI's FCNR(B) swap window by September. So far, it has mobilized $140 million, with MD Binod Kumar stating that pricing, not the availability of dollars, is the main challenge. 

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