Banks Likely To Deploy Excess Liquidity As Credit Demand Strengthens: RBI Deputy Governor Rohit Jain | VIDEO
Mumbai, September 24, 2026: Reserve Bank Deputy Governor Rohit Jain on Thursday said banks are expected to deploy additional liquidity from foreign-currency non-resident deposits over the next few months, as credit demand is likely to be strong during the festive season. Under the special Foreign Currency Non-Resident (FCNR-B) deposit scheme, banks have mobilised USD 133 billion. The scheme was…
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