World Bank Executive Director Neelkanth Mishra said India need not worry about repaying FCNR(B) deposits at maturity, as they can be rolled over if global financing conditions remain tight. He described the deposits as relatively cheap capital and called India’s external debt position healthy
Mishra is an alumnus of IIT Kanpur. J. Satyanarayana served as the part-time chairperson of UIDAI, with his tenure spanning from July 12, 2016, to April 15, 2019.
