India's FCNR scheme could attract $70-80 billion from NRIs, experts say, boosting forex reserves as banks offer higher interest rates until September 30, 2026.

Government support for FCNR(B) deposits until September 2026 has sparked renewed investor interest. Banks are now offering higher interest rates on these foreign currency…

India's FCNR scheme could attract $70-80 billion from NRIs, experts say, boosting forex reserves as banks offer higher interest rates until September 30, 2026.