SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE L impact

IDFC First Bank mobilises about $3.57 billion via RBI FCNR(B) window

IDFC First Bank said it mobilised a gross amount of around $3.57 billion (₹33,975 crore) from NRI customers under the RBI’s FCNR(B) swap window.

IDFCFIRSTB

IDFC FIRST Bank on Thursday, September 3, said it has mobilised a gross amount of around $3.57 billion (₹33,975 crore) from non-resident Indian (NRI) customers under the Reserve Bank of India's FCNR(B) swap window.The amount mobilised is equivalent to around 11% of the bank's deposit base as of Jun…