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HDFC Bank, ICICI Bank: Banking stocks in focus as RBI lifts interest rate cap on select NRI deposits
The Reserve Bank of India (RBI) on Wednesday temporarily withdrew interest rate ceiling on fresh Foreign Currency Non-Resident (Bank) deposits of 3-5 years’ maturity till September 30, 2026, a move aimed at attracting foreign capital.
The Reserve Bank of India (RBI) on Wednesday temporarily withdrew interest rate ceiling on fresh Foreign Currency Non-Resident (Bank) deposits of 3-5 years’ maturity till September 30, 2026, a move aimed at attracting foreign capital.
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