India’s FCNR(B) deposits surge to record $127 billion after June 2026 campaign

Sep 18, 2026 00:40 (37d ago)

Verifying

Reserve Bank of India launched a campaign to attract diaspora FCNR(B) deposits.
FCNR(B) inflows exceeded $127 billion by early September 2026, up from $40.8 billion in early August.
India’s capital account recorded a $27.7 billion surplus in July 2026.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.