Weekly Recap: RBI swap FCNR(B) boost and Tatkal NPS instant e-KYC
Axis Bank Limited Sponsored GDR RegS (NSE:AXISBANK) says an RBI swap helped mobilize $127.2B in FCNR(B) deposits, lifting system liquidity above ₹10T and setting the stage for faster credit growth and consolidation favoring larger banks, while it also joins Tatkal NPS via BHIM for instant e-KYC and…