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RBI Gov Says Special Forex Schemes Garnered $ 32 Billion So Far
Most of the $32 billion raised so far has come from the foreign currency non-resident deposit scheme (FCNR B deposits), Malhotra said.
Pulse Bharat · Why it matters
Read the original at Deccan Chronicle ↗
The Reserve Bank of India's success in attracting foreign currency deposits signals improved external financial stability and strengthens the nation's reserves.