FCNR(B) Deposits Exceed 2013 Peak in 45 Days, Says SBI Research

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Finance

27 July 2026 at 11:19 am

FCNR(B) Deposits Exceed 2013 Peak in 45 Days, Says SBI Research

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Summary

SBI Research estimates that FCNR(B) deposits have exceeded $26 billion in just 45 days since RBI's June concessional swap scheme, surpassing the total raised during the entire three-month drive in 2013.

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