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Business

Indian banks leave sizeable FX risk open on overseas deposits, creating potential rupee overhang

Lenders have raised more than $127 ​billion in such deposits since the central bank introduced ⁠them as part of one-off measures to strengthen India's balance of payments in the face of surging oil pr...

Indian banks leave sizeable FX risk open on overseas deposits, creating potential rupee overhang
Source: The Hindu BusinessLine - Banking

Lenders have raised more than $127 ​billion in such deposits since the central bank introduced ⁠them as pa

rt of one-off measures to strengthen India's balance of payments in the face of surging oil prices in June

SOURCE: The Hindu BusinessLine - Banking
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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