Inflows through FCNR(B) deposits will take 3-4 mths to deploy: SBI chairman
2 sources·Updated September 10, 2026
Covered by 2 sources
- Economic Times·9h agoSBI chief Setty says $127 billion FCNR inflow won’t trigger lending surge
State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed gradually over the coming months. The central bank's swap facility attracted significant foreign capital inflows. Commercial banks received…
Read at Economic Times → - Business Standard·18h agoInflows through FCNR(B) deposits will take 3-4 mths to deploy: SBI chairman
CS Setty said banks would deploy the liquidity gradually, while also calling for lower upfront costs to enable large-scale adoption of agentic AI in Indian banking
Read at Business Standard →
