FNCR (B) deposits have been robust, but RBI has no plan to close special window early

The RBI has no plan to close the special FCNR (B) deposit window early despite robust inflows. Malhotra told reporters on Wednesday, "As of now, there is no proposal under consideration to close the scheme prematurely." The scheme received $40.8 billion by August 1, 2026, helping to fortify India's external position.