Indian banks pay 7% on dollar deposits as country seeks fresh foreign currency
Indian lenders have sharply raised rates on foreign-currency deposits to lure the nation's overseas residents. (June 10): Indian lenders have...
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Indian banks seek hedging cost subsidy from RBI to raise dollar funding, sources say
By Dharamraj Dhutia MUMBAI, May 25 (Reuters) - Indian banks have sought subsidised forex hedging costs from the Reserve Bank...
