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FCNR Inflows Could Hit $70 Billion! Kotak Securities Sees Big Boost For Rupee | Anindya Banerjee

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2026年7月29日
1 min read
Anindya Banerjee Big billion Boost FCNR FCNR deposits hit Indian Rupee Inflows Kotak Kotak Securities RBI Rupee Securities sees

FCNR Inflows Could Hit $70 Billion! Kotak Securities Sees Big Boost For Rupee | Anindya Banerjee

Could FCNR(B) inflows surprise on the upside? Kotak Securities’ Head of Commodity & Currency Research, Anindya Banerjee, says inflows have reportedly surged to nearly $32 billion, already approaching the levels seen during the 2013 FCNR drive. With more than two months still left under the scheme, he believes total inflows could potentially reach $60-70 billion, significantly higher than earlier expectations. Banerjee explains why the final phase of the scheme usually witnesses a sharp pickup as documentation gets completed, and how such strong foreign currency inflows could provide meaningful support to the Indian rupee. Watch this exclusive conversation to understand what record FCNR inflows could mean for the currency market and RBI’s strategy.FCNR Deposits, RBI, Indian Rupee, Kotak Securities #FCNR #Inflows #Hit #Billion #Kotak #Securities #Sees #Big #Boost #Rupee #Anindya #Banerjee1785296320