Bankers anticipate RBI will release FAQs to clarify regulations and address concerns about high interest FCNR (B) deposits.

MUMBAI: Reserve Bank of India’s sweeping overhaul of FCNR(B) deposit rules has triggered intense interest among non-resident investors, but a lack of clarity on leveraged…

Indian banks are seeking clarity from the RBI on allowing overseas branches to lend to non-residents for FCNR(B) deposits. Some lenders, like SBI, have already launched structured…

Bankers anticipate RBI will release FAQs to clarify regulations and address concerns about high interest FCNR (B) deposits.