FCNR(B) $133bn windfall: Banks gain funding boost, face future refinancing test
The large inflows have provided banks with a stable source of medium-term foreign currency funding at a time when lenders have been facing elevated credit-deposit ratios.
· 9/21/2026, 4:12:03 PM· 2 min read
The large inflows have provided banks with a stable source of medium-term foreign currency funding at a time when lenders have been facing elevated credit-deposit ratios.
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