Foreign, private banks raise over 68% FCNR(B) funds
Foreign currency deposits saw a significant increase between June and July MUMBAI: Of the $28 billion addition to FCNR(B) deposits between June 5 and July 30, the top three banks, HSBC, SBI and ICICI Bank, accounted for nearly half the collections, with HSBC alone contributing about 23%, according to data released by govt in a…