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HDFC Sec CEO Highlights Success of India's Forex Swap Scheme

Key takeaways

  • HDFC Securities CEO Dhiraj Relli anticipates the FCNR(B) deposit scheme will attract an additional $12 billion, bolstered by support from the Indian diaspora.

Analysis

HDFC Securities CEO Dhiraj Relli anticipates the FCNR(B) deposit scheme will attract an additional $12 billion, bolstered by support from the Indian diaspora.

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