FCNR(B) inflows cross $100 billion, beat RBI's $80-billion estimate: Report
3 sources·Updated September 2, 2026
FCNR(B) inflows
Covered by 3 sources
- Deccan Chronicle Ent·1d agoRBI's Forex Swap Draws $ 137.4 Billion Largely Through FCNR (B) Deposits
The RBI had announced the USD-INR Forex Swap facility covering FCNR(B) deposits, External commercial borrowings (ECBs) and Overseas foreign currency borrowings (OFCB) inflows on June 8, 2026 to attract dollar flows and shield the falling rupee.
Read at Deccan Chronicle Ent → - Business Today IN·1d agoRBI's forex swap facility draws massive $127 billion through FCNR(B) deposits
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, covering FCNR(B) deposits, ECBs, and OFCBs. The facility was aimed at boosting foreign exchange inflows into the country
Read at Business Today IN → - Business Standard·2d agoFCNR(B) inflows cross $100 billion, beat RBI's $80-billion estimate: Report
The FCNR(B) window closed on Monday, but banks can use the RBI's swap facility for deposits already contracted until September 11
Read at Business Standard →