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Full flow FCNR deposits could hit $100 billion, beat estimates
Strong FCNR(B) deposit inflows have led analysts to raise their estimates for dollar mobilisation through the scheme. Jefferies now expects inflows to reach $90-100 billion by August 31, up from its earlier estimate of $70-80 billion.
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economictimes.indiatimes.com
FCNR deposits emerge as banks’ new FY27 growth lever: Report
Indian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency deposit mobilization and healthy credit…
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thehindubusinessline.com
RBI says forex inflows under swap facility reach $72.85 billion as FCNR(B) mobilisation tops $65 Billion
RBI reports $72.85 billion in forex inflows, with FCNR(B) deposits leading at $65.397 billion as of August 21.
