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RBI hedge subsidy lifts FCNR(B) appeal, but narrower spread may cap inflows | Collector
RBI hedge subsidy lifts FCNR(B) appeal, but narrower spread may cap inflows

RBI hedge subsidy lifts FCNR(B) appeal, but narrower spread may cap inflows

Bankers expect FCNR(B) inflows of $20-45 billion as RBI absorbs hedging costs, though a much narrower India-US interest-rate differential may limit leverage-driven participation

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