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FCNR(B) turns litmus test | Explainer
Discover how FCNR(B) deposits serve as a crucial tool for India's foreign currency resource mobilization amid global financial uncertainties.
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thehindubusinessline.com
Fresh FCNR (B) deposit inflows robust at $17.406 billion under RBI’s limited period swap facility
RBI reports strong $17.406 billion inflow in FCNR (B) deposits, highlighting robust NRI interest under the swap facility.
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economictimes.indiatimes.com
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facility
Foreign banks have facilitated most FCNR(B) deposits under the RBI's swap facility. This concessional swap facility has attracted over twenty billion dollars in total inflows. …
