From an 87% collapse to $17 billion in 40 days: RBI engineers a spectacular FCNR(B) turnaround
- Posted on July 23, 2026
- By Financial Express
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- 1 min read
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From an 87% collapse to $17 billion in 40 days: RBI engineers a spectacular FCNR(B) turnaround
NRI deposits fell from over $7 billion in FY25 to under $1 billion in FY26, prompting the RBI's twin policy moves in June 2026.