RBI boosts NRI dollar inflows through FCNR(B) deposits with full hedging cost support until September 2026 – KPIAS Academy UPSC

FCNR(B) Deposits and NRI Dollar Inflows

Table of Contents Relevance: UPSC: GS Paper III – Indian Economy, External Sector, Banking, Monetary Policy, Capital Flows, Balance of Payments. Important Keywords for Prelims and Mains For Prelims: FCNR(B) Deposits, NRI Deposits, NRE Account, NRO Account, RBI Swap Facility, CRR, SLR, FBIL Reference Rate, Basis Point, Hedging Cost. For Mains: Foreign Capital Inflows, External […]

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