18-July-2026
Banking
 
Indian state-run banks estimate $30 bln flow from overseas deposit scheme, sources say
17-Jul-2026

Indian state-run lenders have told senior government officials they expect to raise nearly $30 billion through the central bank's subsidised dollar deposit window, five bankers familiar with the matter told Reuters. The estimate was shared by the heads of state-run banks at a meeting with Finance Minister Nirmala Sitharaman and other finance ministry officials earlier this week, two of the sources said.

News Source:- https://economictimes.indiatimes.com/nri/invest/indian-state-run-banks-estimate-30-bln-flow-from-overseas-deposit-scheme-sources-say/articleshow/132454470.cms
 
 
 

Notes:
1. Copyright and ownership of all content from IMC and other IMC sites belongs to IMC except third-party resources
2. Copyright, intellectual property right, ownership or responsibility of error of other content belong to respective sources
3. Please do not reply to this mail

For suggestions and feedback click here.

Disclaimer:
IMC is not responsible for any kind of loss arising due to the information. You are receiving this newsletter because you have subscribed to this service. To unsubscribe click here.
Head Office : IMC Bldg., IMC Marg, Churchgate, Mumbai - 400 020 India  |   Tel : 91-22-22046633  |   Fax : 91-22-22048508 / 22838281
E-Mail : imc@imcnet.org  |   Website : www.imcnet.org