<h1>Indian Banks' International Rupee Liabilities Surge 35.8% in 2013, Driven by FCNR Deposits and Foreign Currency Borrowings.</h1> In 2013, Indian banks experienced a significant increase in international rupee liabilities, driven by Foreign Currency Non-Resident (Bank) deposits and foreign currency borrowings, as reported by the Reserve Bank of India. International liabilities surged by 35.8% year-on-year by December 2013, while international assets grew by 23.4%. The rise in liabilities and assets was primarily due to increased exposure to the USA, UK, UAE, Singapore, Germany, and Hong Kong. The US Dollar's share in international liabilities rose to 40.5%. International claims on an immediate risk basis grew by 17.4%, with notable increases in claims towards Hong Kong, UAE, and Canada.