India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion of these substantial inflows
Fairfax Financial may receive two years to consolidate its Indian bank holdings. This consolidation is necessary for its acquisition of a majority stake in IDBI Bank
Chennai, To cash in on the RBI's concessional swap window, Indian Bank plans to raise $400 million through External Commercial Borrowings (ECB) this week to support its business growth.In addition, the public sector lender may mop up another $600 million via E
In July, fund managers recalibrated their blue-chip stock portfolios, focusing on select sectors like IT, automotive, and pharmaceuticals for increased investments. Notably, financial services, particularly non-banking financial companies (NBFCs) and private l