16-July-2026
Markets and Finance
 
RBI’s deposit mobilisation drive attracts $10-11 billion
15-Jul-2026

The Reserve Bank of India’s (RBI) dollar mobilisation measures announced in the June monetary policy have attracted inflows of $10-11 billion so far, according to sources. The response from banks to raise foreign currency funds through the FCNR(B), external commercial borrowing (ECB) and overseas foreign currency borrowing (OFCB) routes has been encouraging, a person aware of the discussions between the government and the RBI noted. The authorities expect inflows of around $80 billion through these channels.

News Source:- https://www.financialexpress.com/business/banking-finance-rbis-deposit-mobilisation-drive-attracts-10-11-billion-4291374/