Monday, 28 September 2026Updated 18m ago
← Top stories
Data● Neutral for Indian equities

Rupee gains on FCNR(B) deposits reverse amid crude price spike: RBI report

1 source · first seen 22:42 25 Sept · updated 22:42 25 Sept

The brief

Written from 1 report · check the source before you trade
  • Banks mobilised $133 billion in FCNR(B) deposits after the RBI opened a concessional swap window in June
  • The scheme closed a month after opening
  • FCNR(B) flows affect rupee liquidity and banks; crude-price spikes can renew pressure on the currency

Tags on this story

Pick a tag to see all its stories
Rupee9 todayBanks68 todayRBI19 todayBanking liquidity7 todayCrude oil64 todayCredit growth8 today

Linked by the tag Banking liquidity

22 stories this week
  1. 25 SeptBank deposits, credit shrink in fortnight to September 15Data · 1 source · Bank deposits contracted by Rs 2.59 lakh crore in the fortnight ending September 15
  2. 25 SeptResult of the 3-day Variable Rate Reverse Repo (VRRR) auction held on September 25, 2026Data · 1 source · RBI accepted ₹90,280 crore in its 3-day VRRR auction against ₹1,50,000 crore notified
  3. 25 SeptBanks to deploy excess liquidity over next few months: RBI DGPolicy · 1 source
  4. 24 SeptReliance plans ₹10,000 crore, 10-year bond issue next weekFunding and debt · 2 sources · Reliance Industries plans to raise ₹10,000 crore through a 10-year bond next week
  5. 24 SeptRBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on September 25, 2026Policy · 1 source · RBI will conduct a three-day VRRR auction on September 25, 2026
All Banking liquidity stories →

Read the reports

1 report · earliest 22:42
Business StandardRupee gains on FCNR(B) deposits reverse amid crude price spike: RBI report22:42