Can FCNR deposits help stabilise the rupee? In this episode of the ‘On the beat podcast’, A Balasubramanian, MD, Aditya Birla Sun Life AMC and Harish Krishnan, CIO-Equity, Aditya Birla Sun Life AMC, break down the difference between FCNR deposits and oil bonds, the RBI’s strategy to boost foreign currency inflows, and the outlook for the rupee. They also discuss foreign investor exits, India’s economic growth story, stock market valuations, and why global investors may continue to view India as a long-term opportunity despite recent outflows.
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