Neutral impactSector

SBI may mop up USD 10 billion of FCNR deposits by Sept end: CS Setty

Economic Times 3 hrs ago·7 Aug 2026, 11:09 am

SBI has mobilised nearly USD 6 billion in FCNR(B) deposits and sees potential to reach USD 10 billion by September-end; Setty rules out a rate hike, while inflows are seeing stronger traction from the UAE than the UK and US.

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