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RBI's special FCNR(B) deposit deadline nears: Should investors tap this opportunity before 31 August? Expert weighs in

2 weeks ago 14
The RBI has cut short the deadline for its special FCNR(B) deposit swap facility to 31 August from 30 September. With the window closing soon, NRIs need to weigh the potential benefits of higher foreign currency returns against the lock-in and liquidity considerations.
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