FinanceMoneycontrol
Foreign banks account for lion's share of FCNR(B) inflows under RBI's concessional swap facility
in5points
Foreign banks dominate FCNR(B) inflows under RBI's concessional swap facility.
FCNR(B) deposits reached $17.406 billion of total inflows.
Overseas Foreign Currency Borrowings contributed $1.97 billion.
External commercial borrowings amounted to $1.342 billion.
Data sourced from RBI shows foreign banks' leading role.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Moneycontrol
Center-right
Mixed factuality
