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VERIFIEDMint Markets·neutral
RBL Bank: is investor frenzy over FCNR (B) deposits justified?
AI Summary
- ·RBL Bank's stock has surged due to investor excitement over FCNR(B) inflows.
- ·These inflows have expanded deposits and increased lending capacity for the bank.
- ·Questions remain about the long-term impact and whether this can replace a domestic deposit base.