According to an Economic Times report, India’s targeted foreign exchange mobilization efforts could pull in approximately $100 billion if the current trend persists. The Reserve Bank of India noted that these programs had already secured $40.81 billion in inflows by July 31. Of that total, FCNR(B) deposits accounted for $36.72 billion, even though that specific scheme only began on June 8.

by shortkt.com✓

3 hours ago