New Delhi, July 20 -- Forty-five days after the rollout of a new foreign currency non-resident bank FCNR (B) deposit scheme to attract overseas capital, India's largest private sector banks remain tight-lipped on how much they have gathered under the scheme, while their public sector rivals talk of both collections and targets.

During their June quarter earnings calls held on Saturday, top executives of HDFC Bank, ICICI Bank and Axis Bank, India's first, second and third-largest private banks respectively, did not reveal FCNR(B) deposit figures. However, these banks have repeatedly said that the response from non-resident Indians (NRIs) has been strong, and that they see this opportunity as significant. Estimates by market participants p...