India draws $32 billion in foreign capital as FCNR(B) deposits outpace 2013 mobilisation in just 45 days
MINT·2026-07-27 20:19

India has attracted nearly $32 billion in foreign capital under the Reserve Bank of India's (RBI) special measures, with most of the inflows coming through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, RBI Governor Sanjay Malhotra said.According to an Economic Times report, FCNR(B) inflows have already crossed the $26 billion mobilised under the RBI's 2013 scheme in just about 45 days, making this one of the fastest foreign currency deposit mobilisation drives in the country's history.Malhotra sa ...

India draws $32 billion in foreign capital as FCNR(B) deposits outpace 2013 mobilisation in just 45 days - Reportify