{
  "id": 882842,
  "title": "RBI brings forward deadline for banks to raise FCNR deposits after strong response",
  "url": "https://urgent.news/2026/08/14/rbi-brings-forward-deadline-for-banks-to-raise-fcnr-deposits-after",
  "topic": "world",
  "section": "World",
  "published": "2026-08-14T14:39:39.000Z",
  "source": {
    "name": "Gulf News",
    "slug": "gulf-news",
    "url": "https://gulfnews.com/business/banking/rbi-brings-forward-deadline-for-banks-to-raise-fcnr-deposits-after-strong-response-1.500641215"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India has moved up the deadline for banks to mobilise foreign currency deposits from non-resident Indians, after the scheme attracted more than $56 billion in inflows. The RBI said on Friday that banks will now have until August 31, 2026, to raise Foreign Currency Non-Resident (Bank), or FCNR(B), deposits under its special foreign exchange swap facility. The deadline was…",
  "key_points": [],
  "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."
}