Story 218 Aug 2026· The Economic Times
ET Analysis: RBI’s FCNR U-turn dents policy certainty
The RBI's unexpected early closure of its FCNR(B) deposit swap window, originally slated for September 30, has stirred concerns over policy predictability. With $52.3 billion mobilised, bankers report potential disruptions to dollar borrowings and leverage plans, raising questions about India’s investment policy framework.
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