RBL Bank Hits Major Milestone: Raises $3.4 Billion in FCNR(B) Deposits
RBL Bank mobilises $3.4 billion in FCNR(B) deposits under RBI’s special swap facility. Supported by Emirates NBD and global Indian diaspora. Know key details here.
Mumbai: RBL Bank has achieved a significant milestone by mobilising $3.4 billion in FCNR(B) deposits under the Reserve Bank of India’s special swap facility.
This achievement was made possible by the dedicated efforts of the bank’s teams and the continued trust of the global Indian diaspora.
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Key Highlights
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Total FCNR(B) deposits mobilised: $3.4 billion
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Loans extended against these deposits: $1.08 billion
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Strong support from promoter Emirates NBD and its network
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Leveraged the robust UAE–India corridor
The bank described the achievement as a result of collective ambition and teamwork.
$3.4 billion today. Greater possibilities tomorrow.
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