The Reserve Bank of India's (RBI) Foreign Currency Non-Resident Bank (FCNR-B) deposit scheme has attracted stronger-than-expected inflows, with around USD 41 billion mobilised so far, and the total is expected to reach USD 80-100 billion by the time the scheme closes on September 30, according to a latest report by Jefferies. The report said the scheme, introduced by the RBI in early June to raise foreign currency deposits from non-resident Indians (NRIs) and support the rupee, has performed better than expected. According to Jefferies, "There have so far been USD 41bn of inflows through the scheme and that is expected to double to USD 80-100bn in the next two months when the scheme ends."