The Hindu Businessline

RBL Bank to leverage Emirates NBD network for NRI deposits, trade finance

Lender has already mobilised $150 million under FCNR(B) scheme; expects margins to improve from Q2

17 Jul 2026 9:54 pm

Indias FCNR scheme has potential to attract $70-80 billion from NRIs

The RBI has allowed banks to offer higher interest rates on FCNR deposits until September 30, aiming to boost forex reserves, support the rupee and attract larger foreign currency inflows from NRIs

17 Jul 2026 11:33 am