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1 August 2026 at 3:30 pm
Summary
Banks have received $36.7 billion through FCNR deposits under a new incentive scheme for NRIs, which allows leveraged deposits until the end of September with the central bank covering hedging risks, potentially offering investors up to 14% returns.
Full Flow FCNR Deposits Projected to Hit $100 Billion
25 Aug 2026, 1:55 am · economy
FCNR Deposits Exceed $60 Billion, Boosting India's Foreign Exchange Position and Rupee Stability
19 Aug 2026, 3:58 pm · Economy
FCNR Deposits Expected to Reach $100 Billion, Potentially Boosting Banking Stocks
3 Aug 2026, 5:44 pm · economy
UAE Spearheads India's FCNR Deposits, Over $10 Billion Sourced
1 Aug 2026, 9:36 am · economy
FCNR Deposits from Indian Diaspora in UAE See Significant Inflow
1 Aug 2026, 9:36 am · economy
Leveraged FCNR Deposits Are Not Risk-Free—Nor Is the Overall Design of India's Dollar-Attracting Scheme
15 Jul 2026, 12:30 pm · Finance
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