Indian Bank is reported to be targeting about $2 billion through FCNR(B) deposits, a route that allows non-resident Indians (NRIs) to park foreign currency funds under specified regulatory conditions. Multiple mentions of the plan indicate the bank’s intent to mobilize foreign-currency resources using the FCNR(B) deposit framework. The initiative is presented as a funding strategy, with the bank aiming to collect the targeted amount through these deposits rather than through other instruments. While details beyond the overall target—such as timelines, pricing, eligibility criteria for depositors, and the bank’s stated purpose for the funds—are not provided in the material shared here, the reporting consistently centers on the same figure and funding channel. Overall, the available information points to an FCNR(B)-based deposit drive by Indian Bank with a $2 billion target, subject to compliance with applicable banking and foreign-exchange regulations.