Story thread · 9 reports / 4 sources
RBI's $100-bn strategy: Can FCNR deposits and ECBs shield India from an oil shock?
businesstoday.in · 14d
How the coverage leans
Across 4 sources · syndicated copies counted once
The RBI and the government are betting on foreign capital inflows rather than aggressive rate hikes to protect India's economy from rising crude oil prices. A potential $80-100 billion pipeline through FCNR deposits, ECBs and bond index inclusion could strengthen the rupee, ease liquidity pressures and support the bond market.
First report: RBI sees rupee as undervalued; FCNR(B) inflows cross $32 billion — thehindu.com, 16d
The coverage
- The Big Six banks control 85% of deposits, yet their rates rank near last
theglobeandmail.com · 14d
- This bank revises NRE rates to 7.60%, FCNR to 7.40%
economictimes.indiatimes.com · 14d
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