{
  "id": 329634,
  "title": "RBI special windows seen big enough to bring in $100B",
  "url": "https://urgent.news/2026/08/02/rbi-special-windows-seen-big-enough-to-bring-in-100b",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-02T19:13:27.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/news/economy/policy/rbi-special-windows-seen-big-enough-to-bring-in-100b/articleshow/132813309.cms"
  },
  "original_language": "en",
  "account": "The Reserve Bank of India (RBI) has unveiled a series of dedicated forex-inflow programmes that could potentially attract an impressive $100 billion, nearly tripling the funds raised in a similar initiative during the 2013 taper tantrum, according to market experts and economists. If the initial momentum displayed by these special drives persists, the RBI may see mobilisation of three-digit US dollar billion, significantly surpassing the initial estimates of $50-60 billion, stated VRC Reddy, head of treasury at Karur Vysya Bank. The RBI confirmed on Saturday that the special programmes have collectively mobilised $40.81 billion in foreign exchange inflows as of July 31, with FCNR(B) deposits contributing $36.72 billion, despite the programme's operational commencement only on June 8. Economists are optimistic about the overall potential and have revised their estimates, projecting cumulative inflows across FCNR(B), ECB, and OFCB to reach $90 billion or even higher. The RBI introduced these concessional foreign exchange swap facilities on June 5, with the FCNR(B) window remaining open until September 30 and the ECB and OFCB windows available until December 31.",
  "summary": "India's new forex inflow programs may attract approximately one hundred billion dollars. These special drives have already mobilized over forty billion dollars in foreign exchange. Experts predict these initiatives could significantly exceed initial mobilization estimates. The Reserve Bank of India introduced these facilities to support the balance of payments. These programs aim to cushion the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}