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BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits

The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings

BoI, Indian Bank cumulatively raise nearly $5 bn through FCNR(B) deposits

We haven't written up this one. Business Standard IN has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at business-standard.com →

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PrivatBank launches subscription service for customers

PrivatBank has launched a "Subscriptions" service for retail customers, offering a free basic tier and two paid packages with additional terms on banking and partner services, the bank's press service…

  • PrivatBank introduces Subscriptions service for retail customers.
  • Basic tier free for first month, paid packages UAH 129 or 297 monthly.
  • Paid packages offer cashback, discounts, enhanced services in multiple categories.

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