External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Thematic (Sector/Industry)

India Financials / Thematic (Sector/Industry)

<ul><li>The RBI's special FCNR(B) swap facility closed as scheduled on 31st August 2026, and as per the latest RBI print on 2nd Sep’26, data shows banks having mobilised $127.2 Bn in FCNR(B) deposits.</li><li>Including $5.3 Bn through OFCBs and $3.9 Bn through ECBs, the total foreigncurrency mobilisation stood at $136.4 Bn.</li><li>The FCNR (B) quantum has more than 2x the $52.3 Bn tally as of 13th August, 2026 and far exceeds market expectations. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The RBI's special FCNR(B) swap facility closed as scheduled on 31st August 2026, and as per the latest RBI print on 2nd Sep’26, data shows banks having mobilised $127.2 Bn in FCNR(B) deposits.Including $5.3 Bn through OFCBs and $3.9 Bn through ECBs, the total foreigncurrency mobilisation stood at $136.4 Bn.The FCNR (B) quantum has more than 2x the $52.3 Bn tally as of 13th August, 2026 and far exceeds market expectations. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sector Update - FCNR (B) Deposit Mobilisation Update