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RBI's FCNR(B) Deposit Deadline Approaches: Key Insights
RBI's special FCNR(B) deposit deadline is now 31 August, urging NRIs to act quickly. Investors must evaluate the benefits of higher foreign currency returns versus lock-in and liquidity risks. As the deadline approaches, expert opinions highlight the urgency for non-resident Indians to make informed decisions.
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"Time is money, and this deadline is ticking!"
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