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RBI's latest move may bring $85B in forex inflows
India could witness up to $85 billion in forex inflows, driven by the Reserve Bank of India's FCNR initiative and higher interest rates boosting deposit renewals.
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economictimes.indiatimes.com
India may see up to $85 billion in forex inflows after RBI's FCNR move: Report
India anticipates substantial Foreign Currency Non-Resident deposits, possibly reaching eighty to eighty-five billion dollars. Public sector banks are leading this significant…
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timesofoman.com
India's FCNR (B) inflows projected to touch $80-85 billion; Already surpassed 2013 levels: SBI Research
India may now receive Foreign Currency Non-Resident (Bank) deposits in the range of $65-70 billion by the end of the scheme and overall $80-USD 85 billion
