IDFC FIRST Bank mobilises Rs 33,975 crore via RBI FCNR(B) swap
IDFC FIRST Bank said it mobilised about Rs 33,975 crore ($3.57 billion) under the RBI’s FCNR(B) swap facility, representing part of its deposit base as of June 30.
IDFC FIRST Bank has mobilised approximately Rs 33,975 crore ($3.57 billion) under the Reserve Bank of India’s FCNR(B) swap facility, representing 11 percent of the deposit base as on June 30, the lender said in a statement on September 3.The Bank's IFSC banking unit (IBU) facilitated Rs 24,720 cror…