Brind.

Indian commercial banks are utilizing FCNR deposits for forex inflows, influenced by Raghuram Rajan's views on the FCNR swap window.

2 reports, 2 independent Updated Jul 20

Gone quiet

Reports: 2
Developments: 2
Repetition: 0%

New informationRepeats or wire copies

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Indian commercial banks are utilizing FCNR deposits for forex inflows, influenced by Raghuram Rajan's views on the FCNR swap window.

Who's involved

What this event is mainly about

RBL Bank Raghuram Rajan

How it developed

Newest first. Tap a step to see who reported it.

Jul 20Rajan critiques RBI's FCNR(B) policy while discussing historical Fed signals and RBI's 2013 stabilization efforts.1 source
- moneycontrol.com
Jun 6Raghuram Rajan's views influenced policy regarding Indian banks using FCNR deposits for forex inflows.1 source
- thehindubusinessline.com

Keep exploring

The entities involved

RBL Bank
Indian private bank
- Razorpay operates as a payments platform in India and utilizes RBL Bank for its banking integrations.Mon 10:42
- RBL Bank and Axis Bank both reported strong growth in corporate loans on October 30, 2026.Fri 15:10
Raghuram Rajan
Indian economist and former governor of Reserve Bank of India

Nothing else this week.

Coverage

Newest first; wire copies grouped

Jul 20moneycontrol.com
Jun 6thehindubusinessline.com