Bank Stocks Surge On…

Bank Stocks Surge On…

Bank stocks gained on Thursday after data released by the Reserve Bank of India the previous day showed the lenders have mobilised $127.2 billion through Foreign Currency

ICICI Bank, foreign lenders emerge winners as FCNR(B) deposits surge

Mumbai, Sep 5 (SocialNews.XYZ) India’s latest push to attract Foreign Currency Non-Resident (Bank), or FCNR(B), deposits has produced a clear set of winners, with banks that offered aggressive interest rates and effectively used their overseas... - Social News XYZ

Which Banks Win From The FCNR-B Boom: ICICI, HSBC Lead, HDFC Bank Lags

ICICI Bank and RBL Bank captured a big share of India's $136.4 billion (Rs 12.96 lakh crore) FCNR-B mobilisation relative to their normal deposit base, while HSBC and Standard Chartered swept up gains among foreign lenders, brokerage reports from Macquarie, Jefferies, Motilal Oswal and BofA show.