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FCNR rush leaves banks swimming in ₹6 . 65 lakh crore liquidity

economictimes.indiatimes.com · DistrictNews · 2026-09-01

FCNR rush leaves banks swimming in ₹6 . 65 lakh crore liquidity

Banking system liquidity has reached a four-year high as FCNR(B) inflows entered the market. This excess liquidity has pushed the weighted average call rate significantly below the repo rate. Much of this money is being parked in the RBI FCNR rush leaves banks swimming in ₹6 . 65 lakh crore liquidity.

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