Leveraged FCNR(B) Deposits: RBI-Regulated Core, High-Risk Leverage Shell
The base FCNR(B) deposit is legitimate and currency-hedged, but a leveraged overlay driving 16% USD returns introduces margin, liquidity, and regulatory risks that RBI neither backs nor endorses.
bt-corporate · 7/16/2026, 9:33:32 AM · Ask about this →