FCNR Flows Lag, RBI Seeks Explanations from Bankers

16 July 2026 at 1:17 pmHyperFast News

#FCNR #RBI #Deposits #Indian Banks #Foreign Currency

Summary

The Reserve Bank of India is investigating the slow pace of FCNR deposit inflows, with bankers explaining that such deposits typically take time to gain momentum, having so far gathered around $7 billion.

FCNR Flows Lag, RBI Seeks Explanations from Bankers

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