Finance
Khopdi TodRBI Ki Nayi Scheme: NRI Dollar Deposits Mein Maza Aayega
Arre bhai, suno! RBI ne bola, "NRI logon, dollar daalo!" Yeh scheme hai 30 September 2026 tak. Lekin samjho, lock-in period hai, samjhe? Agar aapka paisa idhar udhar nahi jaana, toh yeh mauka pakad lo! Bank wale bhi rate badha sakte hain, par pehle toh unhe announce karna padega! Babu bhaiya ke liye yeh samajhna mushkil hai, lekin paisa toh paisa hai, bhai!
few days ago | Amit Kumar
Quick rundown
1.RBI introduces a new swap facility for FCNR(B) deposits.
2.The facility aims to attract foreign currency deposits to India.
3.Banks can offer more competitive rates due to reduced hedging costs.
4.The scheme echoes a 2013 initiative to boost foreign exchange liquidity.
5.Final attractiveness depends on banks' rates and global interest conditions.
