Bumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: Jefferies
2 sources·Updated September 4, 2026
Covered by 2 sources
- Economic Times·17h agoBumper FCNR(B) inflows may dilute banks' margins but boost earnings by up to Rs 11,000 crore: Jefferies
The FCNR(B) scheme’s $127 billion inflows should boost banking sector earnings by Rs 10,000–11,000 crore annually, despite potential near-term margin pressure. Analysts highlight significant benefits for small private banks and NBFCs, while providing the RBI with increased…
Read at Economic Times → - Business Today IN·19h ago₹10 lakh crore liquidity surplus: Why FCNR-B inflows could push bank funding costs lower, says Jefferies
India’s banking system is facing a sharp liquidity surplus of nearly ₹10 lakh crore, driven partly by strong FCNR-B inflows, which could keep short-term interest rates under pressure. Jefferies expects falling money-market rates and easier liquidity conditions to help banks…
Read at Business Today IN →