Indian Banks Get Massive Liquidity Boost as $127 Billion Floods FCNR-B Accounts, S&P Confirms:
In a major structural breakthrough for the domestic financial ecosystem, premier credit rating agency S&P Global Ratings on Monday termed the record $127 billion mobilized by Indian commercial banks under a specialized foreign deposit initiative as a decisive and transformative relief. Between June 8 and August 31, 2026, lenders across the nation successfully channeled significant … Read more