35
Economics2h 35m ago

The state-owned lender is planning several outreach programmes targeting its NRI customer base to attract FCNR (B) deposits.

Archive Window: 7 Days Left

India

Who
Central Bank of India, NRI customer base
What
The state-owned lender is planning several outreach programmes targeting its NRI customer base to attract FCNR (B) deposits.
When
Fri, 17 Jul 2026 13:12:04 GMT · 2h 35m ago
Where
India ·
Why
To attract FCNR (B) deposits from its NRI customer base.
The Frontline Impact

How this affects you

The Central Bank of India aims to raise $400 million in FCNR (B) deposits. The bank anticipates no significant impact on its asset quality due to the West Asia conflict.

Story chain

1 event in this thread
No related history yet - this is the origin event.

Verified Sources & Citations