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.

Bank of India seeks $1.2 billion from foreign currency deposits and $2 billion from overseas borrowings. The bank has already secured $200 million through the FCNR-B window. …

RBI Governor Sanjay Malhotra highlights the rupee's undervaluation and strong foreign capital inflows, emphasizing inflation control and stability.