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FCNR(B) deposits may top 2013 record in just 45 days; forex inflows seen at $80-85 billion: SBI Research

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  1. FCNR(B) deposits may surpass the 2013 record within just 45 days, according to SBI Research.

  2. Total forex inflows are estimated at $80-85 billion, driven by FCNR(B) deposits.

  3. The Reserve Bank of India reported $20.7 billion in total inflows up to July 17, including $17.4 billion through FCNR(B) deposits.

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FCNR(B) deposits may top 2013 record in just 45 days; forex inflows seen at $80-85 billion: SBI Research · in5points