The Reserve Bank of India's FCNR(B) swap inflow has reached $65 billion, with Nomura projecting it to hit $80 billion by August-end amid strong diaspora confidence.

RBI reports $72.85 billion in forex inflows, with FCNR(B) deposits leading at $65.397 billion as of August 21.

India has received $72.8 billion in dollar inflows through FCNR(B) deposits, external commercial borrowings and overseas foreign currency borrowings under the RBIs special swap…

MUMBAI: Banks have mobilised $72.8 billion of foreign-currency inflows under RBI's special swap facility as of Aug 21, with the pace of mobilisation accelerating sharply in recent…

India has mobilised $73 billion in foreign exchange inflows in less than 11 weeks, surpassing the scale and pace of the RBIs 2013 FCNR(B) swap scheme, the finance ministry said.