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BFSI Insight Summit 2026: 'Global cues to drive return of capital to India'

Foreign bankers say India's long-term investment prospects remain strong despite FPI outflows, but capital flows hinge on global conditions, valuations and higher FDI inflows

FCNR(B) a strong insurance policy, but repayment risks loom: Uday Kotak

At the Business Standard BFSI Insight Summit 2026, Uday Kotak said the FCNR(B) scheme had given India three to five years to strengthen its macroeconomic and financial position

FCNR(B) a strong insurance policy, but repayment risks loom: Uday Kotak

Uday Kotak, founder and non-executive director of Kotak Mahindra Bank, on Monday described the foreign currency non-resident (bank), or FCNR(B), scheme as a “strong insurance policy.

RBI's rupee fix: What is it solving?

As the central bank announces a new set of bold regulatory measure, this question is worth asking

FCNR(B) deposit inflows weigh on private banks' margins in Q2FY27 results

HDFC Bank, ICICI Bank and Axis Bank report sequential declines in net interest margins as FCNR(B) deposits weigh on earnings, but expect recovery as funds are deployed

Federal Bank Q2 net profit jumps 45 pc on FCNR deposits

Federal Bank reported a 45% rise in Q2 FY27 net profit to ₹1,386 crore, aided by $1.5 billion raised through FCNR(B) deposits, while net interest income grew 26% to ₹3,153 crore

Bank deposits surge on FCNR inflows, but margin pressure looms for lenders

HDFC Bank, ICICI Bank and Axis Bank raised over $127 bn through the FCNR(B) deposit scheme, with analysts expecting margins to improve from October to December

Banks set for healthy Q2 profit growth as FCNR(B) inflows weigh on margins

Bloomberg consensus estimates project banks' Q2FY27 net profit at ₹1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.

HDFC Bank mobilises over ₹1.5 trillion in deposits in September quarter

Period-end deposits rose 4.9 per cent sequentially and nearly 19 per cent YoY to ₹33.27 trillion, while advances grew 16.3 per cent year-on-year

RBL Bank deposits rise 34% YoY to ₹1.56 trn in Q2; advances grow 40%

Deposits increased to ₹1.56 trillion and gross advances to ₹1.43 trillion, while the CASA ratio declined to 27.2 per cent despite growth in low-cost deposits

FCNR(B) deluge leaves banks flush, corporate loan rates set to soften

Deposit growth hits 15-year high as FCNR(B) mobilisation; incremental credit-deposit ratio softens to 62.6%

$127 bn foreign currency deposit mobilisation boost to Indian banks: S&P

S&P Global Ratings on Monday said the USD 127 billion mobilised by Indian banks through a special deposit scheme to attract US dollars is a "shot in the arm" for Indian banks as it has eased the tough funding conditions and boosted liquidity. Indian banks raised a record USD 127 billion in deposits through foreign currency non-resident bank (FCNRB) accounts between June 8 and August 31, 2026. S&P said the amount is equivalent to about 4.5 per cent of the banking system's deposit base as of March 31, 2026. "India's banks have received a shot in the arm. Favourable rates mobilised the country's diaspora to channel large deposits back home. We see this as broadly positive. "The momentum has eased the tough funding conditions, in which credit growth has exceeded deposit growth for the past four years," it added. To attract foreign capital, the Reserve Bank of India (RBI) between early June and August absorbed the full hedging cost for the principal on these 3-5 year tenor ...

Bank of India raised $2.4 bn FCNR-B deposits, Indian Bank $2.3 bn

The state-owned lenders are using cheaper foreign-currency funding to meet rupee liquidity needs, extend loans and reduce dependence on high-cost deposits and borrowings

Nearly 50% FCNR(B) deposits are for 5-year tenure: RBI Governor Malhotra

RBI Governor Sanjay Malhotra says nearly half of the $127.2 billion in FCNR(B) deposits mobilised under the concessional swap facility have a five-year tenure

India FX deposits to help earn more revenue: RBI Governor Sanjay Malhotra

The comments come as the RBI deals with the fallout from record foreign-exchange inflows

Banks will take 3-4 months to deploy FCNR(B) flows, says C S Setty

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

Rupee gains 69 paise, hits highest level since June on bumper FCNR inflows

The domestic currency touched an intraday high of 94.27 in morning deals, its highest level since June 29, according to Bloomberg data.

ICICI Bank mobilises $17.88 billion via FCNR (B) under RBI swap facility

The private sector lender deployed around $9 billion as loans and issued standby letters of credit worth $3.63 billion against deposits mobilised under the facility

FCNR (B) haul soars to $127 bn on final sprint exceeding mkt expectations

Banks mobilised $127.2 billion through the FCNR(B) swap window by August 31, taking total forex inflows under the RBI facility to $136.4 billion

$10.5 bn FCNR (B) swap cost over 5 years is 1.45% of forex kitty: Report

Cost is unlikely to have constrained RBI's decision to close the swap window early; reserves could rise to $800 billion over five years, the report said