FCNR(B) inflows could reach $85 bn including ECBs, OFCBs, says SBI Research

Foreign currency inflows under the RBI’s special mobilisation scheme could reach $85 billion, including FCNR(B) deposits, OFCBs and ECBs, despite the scheme being shortened by a month, SBI Research said. FCNR(B) deposits alone have crossed $52 billion, with the research house projecting total mobilisation of $65-70 billion under the deposit scheme by its end.