New Delhi, July 27 -- Foreign Currency Non-Resident (FCNR) Bank (B) deposit inflows could reach USD 50-60 billion before the special window closes in September 2026, as the scheme gathers momentum after a slow start, Piramal Finance Chief Economist Debopam Chaudhuri said, expressing confidence that overseas deposits from non-resident Indians (NRIs) will pick up in the coming months.

"The FCNR(B) inflows were sluggish for the first couple of weeks, but as we understand it is picking up gradually. And this was the experience in 2013 also," Chaudhuri told ANI in an exclusive interview. "By the time this scheme gets over, my estimate is we should get inflows in the range of 50 to 60 billion dollars, if not more."

Ahead of the Reserve Bank o...