Story thread · 4 reports / 2 sources

FCNR(B) deposits: Who bears the currency risk? | Explained

thehindu.com · 6dShare

The RBI swap shields banks from currency risk on the principal, while banks have to manage dollar interest payments themselves, leaving some exposed if the rupee weakens

First report: Are FCNR-B deposits really an expensive source of funding? — businesstoday.in, 7d