In Macronomics today, we'll take a look at this whole FCNR thing once again, before the storm comes. We spoke of it in December 2015. (Read: The story of the FCNR deposits and why it will haunt us in 2016) Essentially, when Rajan joined the RBI in Sep 2013, he introduced a "swap" - which allowed bankers the ability to draw deposits from NRIs in dollar terms, give them a big interest rate (5.5%) in . . .