Explore how RBI's FCNR(B) deposits manage currency risk, shielding banks on principal while leaving them exposed on interest payments.

FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI…

FCNR(B) deposits are now a cheaper funding source for Indian banks, offering advantages over traditional deposits, says BofA.