But this one could quietly change how India manages its foreign money; and protect your economy from global storms. The RBI just revived the FCNR(B) swap window; a tool that lets NRIs park their foreign currency in Indian banks, with returns up to 7.1%. Why? Because foreign investors are pulling out ₹2.87 lakh crore this year alone. And the rupee’s down 12% against the dollar. But here’s the twist: this isn’t a panic move. India’s reserves are sitting at ₹650 billion+. No crisis. No shortages. This is proactive; like buying extra insurance before the storm hits. What makes it smart? FCNR(B) deposits are sticky. Unlike FPIs that flee at the first sign of trouble, these are locked in for 3–5 years. Plus, the RBI is giving banks a swap discount; so they can pay you more, without getting burned. The catch? If US rates stay high, NRIs might still prefer Treasuries. And if Gulf job markets shrink, inflows could slow. But for now, ₹20.7 billion has already flowed in; 84% from FCNR(B) alone. That’s not just money. It’s stability. And for UPSC aspirants? This is the kind of quiet policy play that turns up in GS Paper III; and mains answers that impress examiners.