Fm Sitharaman To Meet Psb Chiefs To Review Foreign Currency Deposit Drive
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Economic TimesVerified Publisher
Finance Minister Nirmala Sitharaman will meet public sector bank chiefs Monday. They will review efforts to attract foreign currency deposits from overseas Indians. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to boost inflows and encourage external commercial borrowings. Banks will also discuss increasing credit flow to productive economic sectors. (Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)
. The Reserve Bank of India removed interest rate ceilings on certain deposits. This move aims to boost inflows and encourage external commercial borrowings. Banks will also discuss increasing credit flow to productive economic sectors.
(Catch all the Business News, Breaking News and Latest News Updates on The Economic Times.)