07-September-2026
Economy News
 
India’s record foreign deposit push could cost RBI $10.6 billion: Why the diaspora fundraising drive may prove expensive
07-Sep-2026

India’s record-breaking diaspora fundraising drive may prove costly for the country’s central bank, leaving it with a potential $10.6 billion price tag, according to economists. The Reserve Bank of India’s (RBI) special deposit program drew far more money than expected, with inflows set to rise further once overseas foreign currency debt and external commercial borrowings are included, economists...

News Source:- https://economictimes.indiatimes.com/wealth/invest/indias-record-foreign-deposit-push-could-cost-rbi-10-6-billion-why-the-diaspora-fundraising-drive-may-prove-expensive/articleshow/133786418.cms
 
 
 

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