For both RBI and banks, there are interesting possibilities and implications

FCNR(B) deposits lower CD rates, prompting mid and small banks to capitalize on cheaper short-term funding opportunities.

The Reserve Bank of India is currently grappling with a notable liquidity dilemma due to a surge in FCNR(B) scheme inflows. To navigate this, a pivotal variable rate reverse repo…

For both RBI and banks, there are interesting possibilities and implications

FCNR-induced liquidity surplus needs deft management