SBI analyst concall: PSB targets $10 billion in FCNR deposits by Sept., says deposit drive won’t dent margins

SBI has already raised about $6 billion through FCNR(B) deposits and expects to reach $10 billion by September-end. The bank said the inflows will not materially impact its profitability or funding costs.

Leave a Reply

Your email address will not be published. Required fields are marked *