BusinessAsianet Newsable
FM tells PSBs, PFIs to sustain momentum of foreign currency inflow
in5points
Finance Minister Nirmala Sitharaman asked PSBs and PFIs to intensify outreach to the NRI diaspora to sustain foreign currency mobilisation under RBI's swap schemes.
Banks reported an encouraging response with healthy interest in FCNR(B), ECBs, and OFCBs.
Attractive returns are being offered to boost foreign currency inflows.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Asianet Newsable
Center-right
Mixed factuality
Who owns this?
Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically