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Jul. 17, 2026

Federal Bank taps leveraged FCNR deposits to support credit growth, prepares for overseas fundraising

Federal Bank taps leveraged FCNR deposits to support credit growth, prepares for overseas fundraising

Mumbai: Federal Bank is betting on the Reserve Bank of India’s relaxed foreign currency non-resident bank (FCNR-B) deposit scheme to bolster its funding base and support credit growth while reducing reliance on wholesale deposits, managing... Read more.

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