RBI Draws $133 Billion Through FCNR(B) Deposits
Published · Updated
AI-generated summary of the coverage listed below: RBI reported inflows of $133 billion via its FCNR(B) deposit scheme. The central bank’s special deposit program attracted the largest single inflow, contributing to overall forex swap inflows that exceeded $143.5 billion. The move follows a positive rating from S&P Global.
Covered by 2 outlets across the spectrum: 0% left, 50% center, 50% right.
Who is covering this story
- Center (1): The New Indian Express
- Right-leaning (1): Deccan Chronicle
Sources
- RBI’s Draws $ 133 Billion Through FCNR (B) Deposits — Deccan Chronicle (right-leaning)
- RBI forex swap inflows scale past USD 143.5 bn, led by USD 133 bn FCNR-B deposits: RBI — The New Indian Express (center)