Central Bank of India Mobilizes $250 Million Through RBI's FCNR (B) Window

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Banking

12 August 2026 at 10:39 pm

Central Bank of India Mobilizes $250 Million Through RBI's FCNR (B) Window

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Summary

Central Bank of India has successfully raised $250 million through the RBI's FCNR (B) window via its GIFT City branch, exceeding its July target of $100 million. The bank aims to mobilize $400 million by September, leveraging the special window introduced by the RBI to boost foreign capital inflows.

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