RBI to Meet Bank Executive Directors to Boost FCNR Mobilization Ahead of Policy

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Banking

15 July 2026 at 1:17 am

RBI to Meet Bank Executive Directors to Boost FCNR Mobilization Ahead of Policy

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Summary

The Reserve Bank of India (RBI) will meet with executive directors of banks on Wednesday to encourage faster mobilization of FCNR(B) deposits, following earlier discussions with bank chiefs by both the government and the central bank.

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