In the past 10 years in February, foreign investors have been buyers on six occasions and sellers on four. In the past two years, February has seen outflows.
FCNR(B) windfall for banks explained: Who got highest inflows and what it means for investors
FCNR(B) deposits offer banks a cheaper and balance-sheet-efficient source of funding, but their finite tenor and initial deployment challenges could pressure margins. While ICICI Bank