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India’s dollar deposit scheme may generate Rs 5 lakh crore notional profit for banks: Report

đź’¸ Indian Banks Just Hit The Dollar Jackpot

Published by OOPSONLINE.IN · Source: Lokmat Times · 1 min read · · Updated

🍿 OOPS SAYS

"Notional profit" is a very fancy financial term for "imaginary money," which is coincidentally the exact same currency I use to fund my dreams of early retirement.

What actually happened

India’s dollar deposit scheme may generate Rs 5 lakh crore notional profit for banks: Report - New Delhi, Sep 19 The FCNR (B) deposit scheme mobilised $127 billion within a short span of less ... Get Latest News on Technology only on lokmattimes.com

Key points

  • India’s dollar deposit scheme may generate Rs 5 lakh crore notional profit for banks: Report - New Delhi, Sep 19 The FCNR (B) deposit scheme mobilised $127 billion within a short span of less ...
  • Get Latest News on Technology only on lokmattimes.

Summary based on data provided by Lokmat Times. Full article available at the original publisher.

  • #technology
  • #india
  • #dollar
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