FCNR Deposits Expected to Reach $100 Billion, Potentially Boosting Banking Stocks

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economy

3 August 2026 at 5:44 pm

FCNR Deposits Expected to Reach $100 Billion, Potentially Boosting Banking Stocks

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Summary

FCNR deposits are projected to reach $100 billion, providing significant liquidity to India's banking system and potentially boosting banking stocks, according to Prateek Nigudkar of Shriram AMC.

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