GOOD
BUSINESS
PSBs expect to raise $30 bn from RBI’s overseas deposit scheme, sources say
RBI had announced a zero-cost foreign-exchange swap facility for deposits raised from non-resident Indians on June 5
Pulse Bharat · Why it matters
Read the original at The Hindu BusinessLine ↗
Public sector banks anticipate raising substantial foreign currency reserves through the Reserve Bank of India's new deposit scheme, strengthening their financial position.