Who's got a bone to pick with SBM Bank India's move through FCNR window?

Mauritius’ SBM Bank India has mobilised $100 million through its Foreign Currency Nominal Repayment (FCNR) window, allowing it to reach prospective customers in markets such as Africa and the UAE who had not previously banked with the lender.

• Option 1: SBM Bank India is ripping off unsuspecting customers
• Option 2: SBM Bank India is a visionary lender leading the way for market growth