India need not worry about FCNR (B) repayment: World Bank’s Neelkanth Mishra
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Mumbai, Sep 4 (IANS) India should not worry about repaying Foreign Currency Non-Resident (Bank) or FCNR(B) deposits maturing in the next five years as the instrument is a relatively cheap source of capital, said Neelkanth Mishra, Executive Director for India at the World Bank. In an interview with NDTV Profit, Mishra said India is getting capital under FCNR(B) at an interest rate of 6.5–7 per cent, which is quite affordable. He further said that…
India Need Not Worry About FCNR(B) Repayments, Says World Bank’s Neelkanth Mishra
Mumbai, September 4, 2026 (Yes Punjab News) India need not be concerned about repaying foreign currency non-resident (FCNR(B)) deposits when they mature in five years, as the instrument remains a relatively inexpensive source of capital that can be rolled over if global financing conditions remain tight, World Bank Executive Director for India Neelkanth Mishra has […]
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The Hans IndiaIndia need not worry about FCNR (B) repayment: World Bank's Neelkanth Mishra
Mumbai, Sep 4 (IANS) India need not worry about repayment of foreign currency non‑resident (bank) FCNR (B) deposits when they mature in five years, World Bank Executive Director for India, Neelkanth...
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India News AustraliaIndia need not worry about FCNR (B) repayment: World Bank’s Neelkanth Mishra
Mumbai, Sep 4 (SocialNews.XYZ) India need not worry about repayment of foreign currency non‑resident (bank) FCNR (B) deposits when they mature in five years, World Bank Executive Director for India, Neelkanth Mishra, as the instrument... - Social News XYZ
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