Which Banks Win From The FCNR-B Boom: ICICI, HSBC Lead, HDFC Bank Lags

ICICI Bank and RBL Bank captured a big share of India's $136.4 billion (Rs 12.96 lakh crore) FCNR-B mobilisation relative to their normal deposit base, while HSBC and Standard Chartered swept up gains among foreign lenders, brokerage reports from Macquarie, Jefferies, Motilal Oswal and BofA show.