November 4, 2026
Business

Mint Explainer | Can India mop up $50 billion under RBI’s FCNR (B) scheme?(Soban News)

The RBI’s latest data shows banks mobilized $17.41 billion through FCNR (B) deposits. Market expectations are for a total of $45-55 billion compared with $26 billion raised in 2013.

​The RBI’s latest data shows banks mobilized $17.41 billion through FCNR (B) deposits. Market expectations are for a total of $45-55 billion compared with $26 billion raised in 2013. by Soban News (international And National News)

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