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NRI money could unlock India's next capex cycle after easing banks' funding crunch: Axis Bank CEO
Published on: June 30, 2026, 7:29 a.m. | Source: Firstpost
Axis Bank CEO Amitabh Chaudhry says fresh NRI deposits enabled by the RBI's latest policy could first lower banks' funding costs before financing infrastructure, data centres and India's next investment cycle. Estimates suggest the scheme could attract between $50 billion and $100 billion in overseas deposits
