RBI Governor Sanjay Malhotra revealed banks raised nearly $32 billion, primarily through FCNR(B), while foreign investors added over $7 billion to government securities since June.
Foreign investors have separately invested over $7 billion in government securities
Jul 27, 2026
11:37 am
What's the storyThe RBI Governor Sanjay Malhotra has revealed that banks have successfully mobilized nearly $32 billion through Foreign Currency Non-Resident Bank (FCNR(B)) deposits.
This was achieved by the bank's recent efforts to attract foreign capital.
Foreign capital inflows hit $32 billion as FCNR(B) deposits break 2013 record - The Economic Times
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India has attracted nearly $32 billion in foreign capital since the RBI announced special inflow measures on June 5, Governor…
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial…
RBI Governor asserts rupee is undervalued as FCNR(B) inflows surpass $32 billion, strengthening India's external financial…
India could witness up to $85 billion in forex inflows, driven by the Reserve Bank of India's FCNR initiative and higher interest…
India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars.…
RBI Governor Sanjay Malhotra highlights the rupee's undervaluation and strong foreign capital inflows, emphasizing inflation…
