The Reserve Bank of India (RBI), through a series of measures, is making the FCNR(B) deposit route more attractive for both depositors and lenders, bankers said. The measures include allowing unlimited leverage against deposits and permitting Indian banks to lend to non-resident Indian (NRI) clients through their overseas branches. Bankers have been seeking clarity from the central bank on these measures since they were announced on June 5. Earlier, there were concerns over whether the RBI would impose limits on the extent of leverage available against FCNR(B) deposits. “The RBI is not against such leverage. FCNR(B) deposits backed by loans from banks, whether Indian or foreign, will come with a lien, with the first charge on the deposit resting with the originating bank. The depositor will receive a portion of the interest earnings from the loan amount in their account,” said a banker.