Thursday, 5 September 2013

Banks could raise up to $10bn from Indians abroad: Analysts

The RBI will swap FX-denominated foreign currency non-resident bond (FCNRB) deposits with tenures of 3 or more years at a fixed hedge cost of 3.5 percent a year until November 30.

http://www.moneycontrol.com/news/economy/banks-could-raiseto-3610bnindians-abroad-analysts_945265.html

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