India's RBI mobilized a record $127.23 billion in FCNR(B) deposits from its diaspora through a special swap facility that closed a month early

India's diaspora deposits exceed $100 billion, boosting RBI reserves to a record $729.3 billion and strengthening currency support.

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion…