Banks mobilise $27.99 billion via FCNR deposits since RBI introduced USD-rupee forex swap facility
Banks have mobilized USD 27.99 billion from non-resident Indians through a forex swap facility. Domestic payment frauds across all banks amounted to Rs 489 crore as of June 2026. Near-universal banking coverage has been achieved, serving most inhabited villages with banking outlets. Over 58.77 crore PMJDY accounts hold substantial balances,…
The Economic Times ·
The Economic Times
