India Financial Daily, 9 June 2026

Research evidence excerpt

India Financial Daily, 9 June 2026

osits, in the 3-5 year period, is ~3-3.5%, (vs 6.5%, BSE 3,917 1%

domestic rate). (Jun 8, CNBC) SpandanaBottom PerformersSphoorty Financial Price234 %1d-8%

IFCI 74 -7%

Banks ramp up efforts to attract diaspora deposits. Banks are likely to aggressively target NRI EDELWEISS FINANCIAL SERVICES 108 -6%

inflows by hiking FCNR-B deposit rates by up to 150-200bps, supported by RBI’s move to bear MuthootNippon LifeFinanceAMC 2,9641,056 -6%-5%

hedging costs and ease CRR/SLR requirements, which lowers operating costs by ~300bps. .Source: Bloomberg, Jefferies; Universe covers financials with

mkt cap > US$200mn

This could bring FCNR-B rates closer to domestic deposit rates, improving attractiveness vs

current yields of ~2.9-3.6%. (Jun 9, ET) Exhibit 4 - Key events to watch out for

Calendar Events/results

5-Jun-2026 RBI Repurchase Rate, Foreign Exchange Reserves

Wholesale Prices YoY, Trade Balance, Exports YoY, Imports YoY, Unemployment RateSEBI & RBI collaborate to fast-track FPI onboarding. SEBI & RBI are jointly working to 12-Jun-202615-Jun-202619-Jun-2026 CPI YoY, Foreign Exchange Reserves Foreign Exchange Reserves

HSBC India PMI Composite, HSBC India PMI Mfg, HSBC India PMI Servicessignificantly reduce onboarding timelines for FPIs, aiming to enhance ease of access. The 22-Jun-202623-Jun-202626-Jun-2026 Eight Infrastructure Industries Foreign Exchange Reserves

30-Jun-2026 Fiscal Deficit YTD INR, Bank Credit YoYinitiative includes simplified processes, standardised documentation and digital onboarding . 29-Jun-2026 Industrial Production YoY

Source: Bloomberg, Jefferies

through mechanisms such as single-window frameworks, e-signatures & real-time tracking

systems to cut operational friction. (Jun 8, ET)