29-July-2026
Markets and Finance
 
RBI moves could draw $80-85 bn in inflows: SBI report
28-Jul-2026

The Reserve Bank of India’s recent forex measures could draw $80–85 billion in inflows, according to a report by the SBI research department released on Monday. “We believe that the total amount mobilised so far in 45 days has crossed the number mobilised in 2013 in three months… Overall, we believe, FCNR (B) deposits in the range of $65-70 billion should be received. And including OFCB and ECB, it should be at $80-$85 billion,” the report said. Public sector banks are major drivers of this mobilisation, it said.

News Source:- https://www.financialexpress.com/business/banking-finance-rbi-moves-could-draw-80-85-bn-in-inflows-sbi-report-4304089/