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FCNR(B) scheme could yield Rs 5.5 trillion notional profit for banks, RBI: SBI Research

viaeconomictimes.indiatimes.com19 Sept
FCNR(B) scheme could yield Rs 5.5 trillion notional profit for banks, RBI: SBI Research
SBI Research indicates FCNR(B) deposits may yield substantial profits for banks and the RBI. The report refutes earlier estimates of significant financial losses from the scheme.

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