Inflows over $52 bn, RBI opts to shut FCNR(B) tap ahead of schedule
Forex booster gambit to end Aug 31, a month ahead of schedule
The Reserve Bank of India's concessional swap windows for FCNR (B) deposits, external commercial borrowings (ECBs), and overseas foreign currency borrowings (OFCBs) are expected to attract capital inflows of USD 90-95 billion in the fiscal year 2026-27, according to a recent report by CareEdge. The report revised its projections for FCNR (B) flows, now anticipating USD 80 billion, while ECBs and OFCBs are projected at USD 10-15 billion.
Together, these measures are expected to generate USD 90-95 billion in capital inflows for the fiscal year 2026-27.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- FCNR, ECB to draw $90-95 bn inflows in FY27 economictimes.indiatimes.com
