FCNR(B) Monthly Flows Fall 39% Before RBI’s June Swap Window
FCNR(B) monthly inflows fell 39% to about $166 million in April 2026. RBI's June swap window now absorbs the hedging…
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Tag: rupee
RBI FCNR(B) Rule Change: Banks Can Now Offer NRIs Higher Deposit Rates
The RBI removed the interest-rate limit on some FCNR(B) and NRE deposits for NRIs from June 17 to September 30,…