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The move is aimed at attracting foreign currency deposits from Indians living abroad. Experts believe that under this deposit scheme, about 60 to 70 billion US dollars of foreign capital is likely to come to India. New FCNR Scheme: Several major banks, including the State Bank of India (SBI) and ICICI Bank, on Thursday launched [] The post New FCNR Scheme: These banks have launched the FCNR scheme for NRIs, offering bumper returns on foreign currency deposits. first appeared on informalnewz .