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ICICI Bank mobilises ₹1.70 lakh crore via FCNR(B) deposits

ICICI Bank said it mobilised about $17.88 billion, or ₹1.70 lakh crore, through FCNR(B) deposits under the RBI's special forex swap facility, according to a regulatory filing.

ICICIBANK

ICICI Bank has mobilised about $17.88 billion (₹1.70 lakh crore) through Foreign Currency Non-Resident (Bank), or FCNR(B), deposits under the Reserve Bank of India’s special forex swap facility, according to a regulatory filing on Wednesday (September 2).The mobilisation was recorded up to August 3…