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FCNR(B) deluge softens CD rates; large banks stay away
FCNR(B) deposits lower CD rates, prompting mid and small banks to capitalize on cheaper short-term funding opportunities.
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thehindubusinessline.com
FCNR inflows push short-term borrowing costs lower amid rising liquidity: ICICI Bank
FCNR inflows lower short-term borrowing costs, raising liquidity levels and potentially impacting future inflation, warns ICICI Bank Research.
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FCNR(B) deluge softens CD rates; large banks stay away
FCNR(B) deposits lower CD rates, prompting mid and small banks to capitalize on cheaper short-term funding opportunities.
