NRIs eye high-yield FCNR(B) dollar deposits as RBI revives its 2013 playbook to boost forex reserves, protect the rupee and offer safer USD income options.

India is turning to its overseas community to boost its foreign currency inflows, with banks expected to offer substantial leverage on special foreign-currency deposits. This…

NRIs eye high-yield FCNR(B) dollar deposits as RBI revives its 2013 playbook to boost forex reserves, protect the rupee and offer safer USD income options.