28-July-2026
Markets and Finance
 
India may see up to $85 billion in forex inflows after RBI's FCNR move: Report
27-Jul-2026

India may now receive Foreign Currency Non-Resident (Bank) deposits in the range of USD 65-70 billion by the end of the scheme and overall USD 80-USD 85 billion, according to an SBI Research report. The total amount mobilized so far in 45 days has crossed the total amount mobilized in 2013 over a three-month period. "Given the current trend we believe that total amount mobilized so far in 45 days has easily crossed the total amount mobilized in 2013 in 3 months! Overall, we believe, India may now receive FCNR (B) deposits in the range of USD 65-70 billion by the end of the scheme and overall USD 80-USD 85 bn," the SBI Research report stated.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/india-may-see-up-to-85-billion-in-forex-inflows-after-rbis-fcnr-move-report/articleshow/132651614.cms
 
 
 

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