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Economics1h 47m ago

The RBI will meet bank executive directors to push faster FCNR(B) deposit mobilisation.

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India

Who
Reserve Bank of India (RBI), bank executive directors, government
What
The RBI will meet bank executive directors to push faster FCNR(B) deposit mobilisation.
When
Tue, 14 Jul 2026 16:57:06 GMT · 1h 47m ago
Where
India ·
Why
To increase FCNR(B) deposit mobilisation ahead of a policy meeting.
The Frontline Impact

How this affects you

The meeting aims to accelerate the mobilisation of FCNR(B) deposits, which could impact foreign exchange reserves and liquidity in the Indian banking system.

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