Standard Chartered's PD Singh: We Got FCNR Deposits, G

Finance

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Standard Chartered's PD Singh: We Got FCNR Deposits, G

Yo, listen up! Standard Chartered's big boss, PD Singh, dropped some knowledge at the FICCI-IBA event, sayin' they got more FCNR deposits than they can handle. So, they passin' that cash to Indian banks, keepin' the foreign flow strong, ya dig? They playin' a crucial role in gettin' that foreign capital to India, even with all that geopolitical drama tryin' to mess it up.