SENSEX
NIFTY
GOLD
USD/INR

Weather

image 28    C

Company News

The Economic Times

Company / The Economic Times

details

SBI chief Setty says $127 billion FCNR inflow wont trigger lending surge

State Bank of India Chairman CS Setty addressed concerns regarding foreign currency deposit inflows. He stated these funds will be absorbed gradually over the coming months. The central bank's swap facility attracted significant foreign capital inflows. Commercial banks received substantial FCNR(B) deposits, exceeding market expectations. Setty also highlighted structural shifts towards asset tokenization in capital markets.

10 Sep 2026 10:06 pm