Indian banks are attracting foreign currency deposits at a brisk pace. Indian Bank and Central Bank of India have garnered substantial foreign currency deposits. The Reserve Bank of India’s special measures have brought in significant foreign exchange inflows. These measures are largely driven by FCNR(B) deposits, exceeding previous years’ collections. Banks can swap these deposits with the RBI under a zero-cost hedging facility.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty200 pack, seven stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 27, 2026, according to StockEdge’s technical scan data.
October 28, 2026