• CEO reappointment status: The GNRC and the board are actively handling the CEO reappointment following the recent appointment of the new chairman, with the outcome to be disclosed to exchanges upon conclusion.
• FCNR deposit yields: The bank is seeing strong traction from small-ticket NRI depositors targeted at yields of 6% plus, which compare favorably to the 4% to 4.5% available globally.
• In-house leverage offering: Having raised an initial $750 million to back its own leverage, the bank plans further borrowings to provide roughly 9 times leverage to select top customers.
• Counterparty leverage streams: The bank is leveraging tie-ups with foreign counterparty banks to provide customer leverage ranging between 9, 12, 15, or 19 times depending on jurisdiction and local regulations through September.