GOOD BUSINESS

SBI ERD sees much higher FCNR(B) inflows; rupee moves 360 degrees from shock absorber to not

SBI’s ERD expects $80-$85 billion to flow into the country, including OFCB and ECB, up from an earlier estimate of $55-65 billion

Pulse Bharat · Why it matters

The surge in foreign currency inflows could boost India's foreign exchange reserves and stabilize the rupee, benefiting importers and exporters.

The Hindu BusinessLine Mon, 27 Jul 2026 07:18