@basispointinsight.bsky.social2/5 The RBI’s special FCNR(B) swap window brought in $127.2 billion in deposits and $136.4 billion overall. It strengthened the reserve buffer, but also left behind a large rupee-liquidity surplus, a sizeable forward book and repayments stretching over several years.
@rwatimes.bsky.socialFCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
Sep 08 2026 06:43 UTC
#fcnr-b-deposits #foreign-currency-deposits #icici-bank #kotak-mahindra-bank #idfc-first-bank #nomura #reserve-bank-of-india #deposit-growth #net-interest-margins
