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The Economic Times

World

SBI, HSBC and ICICI lead India's overseas deposit drive, data shows

HSBC ICICI Bank India RBI State Bank of India

State Bank of India, HSBC and ICICI Bank have garnered the largest amounts under a central bank scheme to attract dollar deposits from non-resident Indians, government data showed on Monday.

HSBC's India unit raised about $6.14 billion, the most among lenders, while State Bank of India, the country's largest lender, garnered about $4.12 ‌billion between ⁠June ⁠5 and July 30, the data showed.

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