RBI swap facility triggers dollar rush as FCNR(B) deposits surge 86%, cross $60 billion in under 60 days
- Posted on August 3, 2026
- By Financial Express
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- 1 min read
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RBI swap facility triggers dollar rush as FCNR(B) deposits surge 86%, cross $60 billion in under 60 days
HSBC emerged as the standout performer, growing its FCNR(B) book 52 times over, from USD 120.3 million to over USD 6,261 million.
