ICICI Bank FCNR Sweep: Mobilised $17.88 billion (₹1.70 lakh crore) through FCNR(B) deposits under RBI's swap facility — the single largest individual haul disclosed so far. UBS and Citi maintain Buy ratings (targets ₹1,800 and ₹1,770 respectively), even as near-term margin pressure looms from low-yielding dollar deposits flooding the balance sheet.
RBL Bank Doubles Down on NRI Corridor: Mobilised $3.4 billion (₹32,472 crore) under the same facility, leveraging...
