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India Asks State Banks to Step Up Foreign Currency Deposits

India has asked state-owned banks to intensify efforts to garner foreign currency deposits from the 35-million-strong diaspora, as the country seeks to boost its external buffers and shore up the flagging rupee.

India Asks State Banks to Step Up Foreign Currency Deposits

India has asked state-owned banks to intensify efforts to garner foreign currency deposits from the 35-million-strong diaspora, as the country seeks to boost its external buffers and shore up the flagging rupee.

Finance Bloomberg Jul 13, 2026

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