Positive impactCorporate Action
Bank of Baroda’s FCNR(B) inflows to replace Rs 18,000 crore of bulk deposits, says MD Debadatta Chand
Economic Times 3 hrs ago·26 Jul 2026, 9:08 pm
Bank of Baroda is expecting significant inflows through its Foreign Currency Non-Resident (FCNR) deposits. The bank aims to replace a substantial portion of its bulk deposits with these inflows, which could impact its overall deposit mix and funding costs.
This development is important for investors as it could influence the bank's liquidity and profitability in the coming months.
Excerpt from Economic Times
Published On Jul 27, 2026 at 02:38 AM IST Second largest public sector lender Bank of Baroda expects to replace nearly Rs 17,000-18,000 crore of bulk deposits through mobilisation of Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits under the Reserve Bank of India's swap window, with the lender targeting USD 4-5…Read the original at Economic Times
Key takeaways
- Category: Corporate Action.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
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