ICICI Bank reports $17.88 billion FCNR-B deposits mobilisation
ICICI Bank says it garnered $17.88 billion (Rs 1.70 lakh crore) under the FCNR-B deposit scheme, among the first to reveal gross mobilisation. SBLCs issued to other banks against such deposits total $3.63 billion.
ICICI Bank garnered $17.88 billion (Rs 1.70 lakh crore) under the foreign currency non-resident bank deposit scheme, making the private lender among the first to reveal its gross FCNR-B mobilisation.Standby letters of credit (SBLC) issued to other banks against such deposits total $3.63 billion, In…