Fresh FCNR(B) deposits may lift banks' NIMs by up to 4 bps, ease funding cost pressures: Systematix
Published on: June 15, 2026, 1:33 p.m. | Source: The Tribune
Fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits mobilised under the Reserve Bank of India's latest concessional swap facility are expected to provide a modest boost to banks' net interest margins (NIMs) while significantly easing funding pressures in the banking system, according to a report by Systematix Research.
