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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
  • 0 Views
  • 1 min read
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From an 87% collapse to $17 billion in 40 days: RBI engineers a spectacular FCNR(B) turnaround
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.
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Financial Express

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