In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve Bank of India. Out of this amount, Foreign Currency Non-Resident Deposits accounted for $17.41 billion. Meanwhile, External Commercial Borrowings contributed $1.34 billion, and Overseas Foreign Currency Borrowings brought in an additional $1.97 billion, enhancing the countrys economic standing.

In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…

In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…

RBI reports strong $17.406 billion inflow in FCNR (B) deposits, highlighting robust NRI interest under the swap facility.

Reserve Bank of India's special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of the money coming through Foreign Currency…