State Bank of India, ICICI Bank, and HSBC garnered inflows under a deposit incentive scheme.
1 report, 1 independent
Updated Aug 7
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What happened
State Bank of India, ICICI Bank, and HSBC garnered inflows under a deposit incentive scheme.
Who's involved
What this event is mainly aboutKeep exploring
Part of
RBI norms affecting bank liquidity ratios: Malhotra spoke on FCNR(B) deposits, SBI released a deposit profile report, Singh commented on LCR benefits, and Jana Bank responded to new norms.Also in this story
- The State Bank of India and the broader Indian banking sector are currently focused on managing foreign currency inflows and integrating AI into their operations.
- RBI officials discussed liquidity absorption and warned of risks stemming from foreign currency flows.
The entities involved
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State Bank of India
Indian public sector bank and financial services organization
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ICICI Bank
Indian multinational Bank
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HSBC
British multinational bank
Related events
- Modi set goals for Indian banks globally, while Sitharaman announced necessary banking reforms for India, noting SBI's current top 50 global ranking.
- The Reserve Bank of India and ICICI Bank are involved in managing financial policy and competing for foreign capital inflows.
- SBI Chairman inaugurated the Global Fintech Fest in Mumbai, where SBICAP highlighted investment opportunities via the GIFT City ecosystem.
- The Reserve Bank of India sought views from the CEO of ICICI Bank on September 1, 2026.
- OP Bhatt, a known figure, was formerly the chairman of the State Bank of India.