{
  "id": 3094327,
  "title": "Full flow FCNR deposits could hit $100 billion",
  "url": "https://urgent.news/2026/08/24/full-flow-fcnr-deposits-could-hit-100-billion",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-24T19:02:14.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/economy/finance/full-flow-fcnr-deposits-could-hit-100-billion-beat-estimates/articleshow/133477572.cms"
  },
  "original_language": "en",
  "account": "Recent surge in foreign currency non-resident (bank), or FCNR (B), deposit inflows has led analysts to raise their projections for dollar inflows through the scheme. According to Jefferies India, FCNR inflows could reach $90 billion to $100 billion by the scheme's closure on August 31, surpassing previous estimates of $70 billion to $80 billion. Indian banks have mobilized US$16 billion over eight days (13-21 August) through FCNR-B and other schemes, totaling $73 billion, exceeding analysts' expectations.",
  "summary": null,
  "key_points": [
    "FCNR deposit inflows projected at $90B-$100B by August 31",
    "Indian banks mobilized $16B in 8 days through FCNR-B",
    "Deposits exceed expectations, surpassing $70B-$80B estimate"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}