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VERIFIEDMint Industry·neutral
Indian Bank targets $2 billion mobilization through FCNR(B) deposits: MD & CEO Binod Kumar
AI Summary
- ·Indian Bank aims to mobilize $2 billion via FCNR(B) deposits by September.
- ·The bank has already mobilized $140 million towards this target.
- ·MD & CEO Binod Kumar identified pricing as the primary challenge, not dollar availability.