DBS Chief Cites FCNR(B) Demand as Proof of Global Faith in India, Urges More FDI
DBS Bank chief executive Tan Su Shan said strong demand for FCNR(B) deposits shows overseas confidence in India even as concerns persist over capital outflows and rupee pressure. She argued that India needs more foreign direct investment and stronger exports to reinforce currency stability, while also highlighting the country’s AI opportunity.
