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FCNR(B) Scheme 'Strong Insurance Policy' For India: Uday Kotak

FCNR(B) Scheme 'Strong Insurance Policy' For India: Uday Kotak
Photo: Free Press Journal · view original

Kotak Mahindra Bank founder and Non-Executive Director Uday Kotak has described India's Foreign Currency Non-Resident (Bank), or FCNR(B), deposit scheme as a "strong insurance policy" against global economic and geopolitical uncertainty. Speaking at a media summit, Kotak praised the Government of...

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