RBI's FCNR, forex schemes draw $40.81 billion in inflows so far - The Economic Times Benchmarks
Nifty24,383.6066.45FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return22.91 % Invest NowEnter
search text:NewsEnglish EditionEnglish
Editionहिन्दीગુજરાતીमराठीবাংলাಕನ್ನಡമലയാളംதமிழ்తెలుగు
| Today's ePaper My Watchlist SubscribeSign InHomeETPrimeMarketsMarket
DataMasterclassNewsIndustrySMEPoliticsWealthMFTechAICareersOpinionNRIPanacheMore MenuIndiaEconomyEconomy
DashboardAgricultureFinanceForeign TradeIndicatorsInfrastructurePolicyPoliticsNewsblogsElectionsAssembly
ElectionsSportsCricketFootballTennisBadmintonHockeyChessBasketballBaseballOther SportsFIFA World Cup
2026MoreScienceDefenceInternationalUS NewsGlobal TrendsCanada NewsUK NewsAustraliaNew ZealandSaudi
ArabiaUAESingaporeHong KongBusinessWorld NewsET ExplainsCompanyCorporate TrendsIndustryTrendingMorning Brief PodcastET
EvokeBengaluru NewsPune NewsMumbai NewsVideosLatest NewsMost ReadMost SharedMost CommentedBusiness
News›News›Economy›Finance›RBI's FCNR, forex schemes draw $40.81 billion in inflows so far
The Economic Times daily newspaper is available online now. Read Today's Paper RBI's FCNR, forex schemes draw $40.81
billion in inflows so farSECTIONSRBI's FCNR, forex schemes draw $40.81 billion in inflows so farBy Joel Rebello, ET
BureauLast Updated: Aug 01, 2026, 02:14:00 PM ISTRate StoryFollow usShareFont
SizeAbcSmallAbcMediumAbcLargeSavePrintCommentSynopsisSignificant capital inflows have been recorded, thanks to the
proactive measures taken by India's central bank. The Reserve Bank of India facilitated a total of $40.81 billion in
foreign exchange influx, of which $36.7 billion derived from Foreign Currency Non-Resident deposits. Support also came
through swap facilities for External Commercial Borrowings and Overseas Foreign Currency Borrowings, showcasing the
sound financial strategies in place.Listen to this article in summarized format Listen Loading...××
Subscribe to Unlock AI Briefing and Premium ContentNew Year Offer 24 Hours LeftSubscribe NowAlready a member? Sign
InWhat's IncludedExclusive StoriesDaily ePaper AccessSmart Market ToolsCurated Investment IdeasAd-lite Experience
SubscriptionReutersRBI's forex measures attract $40.81 billion in inflows; FCNR deposits account for bulkThe Reserve
Bank of India (RBI)'s special schemes to draw foreign exchange into the country have resulted in total dollar inflows of
$40.81 billion upto July 31, the central bank said in an update on its website.Foreign currency non convertible rupee
bank FCNR (B) deposits make up a majority of these inflows at around $36.72 billion, surpassing the 2013 level of $26
billion in less than two months since the scheme was operationalised on June 8.Banks are permitted to swap these
deposits with the central bank under a zero-cost hedging facility open until the end of September.Also Read: India may
see up to $85 billion in forex inflows after RBI's FCNR move: ReportThe total FCNR (B) deposit inflows have increased
77% from the $20.72 billion recorded in the last RBI data released until July 17. However, inflows from swap facilities
for external commercial borrwings (ECBs) and overseas foreign currency borrowings (OFCBs) have not increased as
sharply.Live EventsECBs have risen to $1.51 billion from the last reported $1.34 billion and OFCBs have increased to
$2.57 billion from the $1.34 billion reported on July 17. Banks can raise ECBs and OFCBs till the end of the year.In a
report last month SBI research had said India may receive FCNR (B) deposits in the range of $65 to $70 billion by the
end of the scheme on September 30. Inflows including ECB and OFCBs will total to about $80 billion to $85 billion the
research report had said.SBI Research had revised its total FCNR forecast at the end of the scheme upward to $65 to $70
billion from an earlier estimate of $40 to $45 billion.The SBI report noted that a significant majority of existing FCNR
deposits maturing in August-September 2026 are expected to be renewed under the new scheme, drawn by the higher interest
rates which will further boost FCNR(B) inflows.In June, Goldman Sachs economists Arjun Varma and Santanu Sengupta had
forecasted that the RBI measures could help in driving $60 billion of additional capital inflows taking the balance of
payments to a surplus of around 0.6% in the current financial year.Nitin Aggarwal of Motilal Oswal Financial Services
had predected additional forex inflows of $40-50 billion in the year ending March 2027 due to the RBI measures.Add as a
Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel)Read More News
onRBIReserve Bank of IndiaRBI forex measuresFCNR depositsforeign capital inflowsrupee supportExternal Commercial
Borrowingsoverseas foreign currency borrowingsforeign exchange reservesSBI Economic Research (You can now subscribe to
our Economic Times WhatsApp channel)Read More News onRBIReserve Bank of IndiaRBI forex measuresFCNR depositsforeign
capital inflowsrupee supportExternal Commercial Borrowingsoverseas foreign currency borrowingsforeign exchange
reservesSBI Economic Research Prime ExclusivesInvestment IdeasStock Report PlusePaperWealth EditionWho did India’s
ethanol boom actually benefit?Is Bitcoin finally becoming digital gold equivalent?As Cult.fit prepares for IPO,
questions on balance sheet health weighFrom gym shelves to kitchens, India's whey protein boom hits price
pinch“Shortchanged ahead of IPO”, ex-Juniper CEO seeks INR365-cr compensation123View all StoriesVideosPM Modi
inaugurates ₹5,640 cr Alluri Sitarama Raju Intl Airport in APCommercial LPG cylinders cheaper by over Rs 200 in Delhi
& KolkataCWG: Neeraj Chopra wins silver, Yashvir bags bronze in men’s javelinKulgam terror strike kills one
migrant worker, injures anotherPM Modi posts another insta video, forgives misled youthCabinet clears ₹4,50,988 cr for
five big decisionsPatanjali enters insurance with ₹4,500-crore dealEx- ACP KP Kukreti defends Delhi Police action,
rejects pellet gun claims215 Academicians write open letter to Priyanka, demand apologyInjured Delhi cops’
families move Supreme Court over protest violence123VideosPM Modi inaugurates ₹5,640 cr Alluri Sitarama Raju Intl
Airport in APCommercial LPG cylinders cheaper by over Rs 200 in Delhi & KolkataCWG: Neeraj Chopra wins silver,
Yashvir bags bronze in men’s javelinKulgam terror strike kills one migrant worker, injures anotherPM Modi posts
another insta video, forgives misled youthCabinet clears ₹4,50,988 cr for five big decisionsPatanjali enters insurance
with ₹4,500-crore dealEx- ACP KP Kukreti defends Delhi Police action, rejects pellet gun claims215 Academicians write
open letter to Priyanka, demand apologyInjured Delhi cops’ families move Supreme Court over protest
violence123Latest from ETIndians may soon face a crude reality that will affect bank balancesIndia's GST revenue hits
₹2.11 tn to negate war woesIt's working? India gets $40.81 bn for its new effortsTop Trending NewsVikram 1
LaunchedAbhijeet Dipke hunger strikeSonam Wangchuk taken to hospitalNEET Result 2026 declaredNEET UG 2026 Toppers
ListIndian Army Agniveer CEE Result 2026Sensex Live UpdatesMumbai Weather Update Today 5 JuneDelhi EarthquakeHappy
Father’s Day Quotes Wishes 2026US Iran War Live UpdatesFED Meeting LiveDoorDash DownSpaceX Share Priceis Instagram
Down TodayFIFA World Cup 2026 ScheduleMumbai CNG Price Hike Updatepakistan train blastrapper Santy SharmaWeight loss
drugskeralaresults.nic.in LIVE UpdatesDiesel PriceOdisha 10th Result 2026 LiveMSBSHSE HSC Class 12th Result 2026 Live
UpdatesNancy Guthrie CaseNEET UG Admit Card 2026Reliance Results FY26 Live UpdatesInfosys Q4 Results Live Updatesis
claude downAllbirds stock priceEnter search text:Hot on WebMOREHoroscope Tomorrow, August 2, 2026Horoscope Today, 1
August, 2026Sensex Nifty 50 LIVE UpdatesIndo-MIM Share Price Live UpdatesDharmendra Pradhan ResignEducation Minister
resignation letterITR Deadline ExtensionTH Plus Personalised Diet PlansThe Free Stock & Business Valuation
WorkshopSensex Live UpdatesHDFC Bank Share PriceVikram-1 Launch Live UpdatesVaranasi movieAbhijeet Dipke begins hunger
strikeSonam Wangchuk HospitalizedNEET UG 2026 Toppers ListNEET Result 2026 declaredIn Case you missed itMOREIndo-MIM IPO
GMP todayICICI Bank share pricePetrol Diesel PriceDiesel PriceAsha BhosleTS Inter Results 2026 Live UpdatesStorytelling
MasterclassOscar Winners 2026 Full ListAI Impact Summit 2026 Live UpdatesIncome Tax 2026 LiveSilver Rate Today
LiveMORETop Searched CompaniesIRFC share priceSuzlon share priceIREDA share priceTATA Motors share priceYes bank share
priceHDFC Bank share priceNHPC share priceRVNL share priceSBI share priceTata power share priceTata steel share
priceAdani power share pricePaytm share pricePNB share priceZomato share priceBEL share priceBHEL share priceInfosys
share priceIRCTC share priceITC share priceJIO finance share priceLIC share priceReliance share priceHAL share priceJP
Power share priceNBCC share priceTCS share priceVedanta share priceWipro share priceIOC share priceIrcon share priceSAIL
share priceSJVN share priceGAIL share priceHUDCO share priceREC share priceReliance Power share priceTata Technologies
share priceVodafone idea share priceAdani Enterprises share priceAdani Green share priceAdani Port share priceAshok
Leyland share priceBank of Baroda share priceBSE share priceCanara Bank share priceCDSL share priceCoal India share
priceHFCL share priceIDFC First Bank share priceTop CalculatorsMOREStandard Deviation CalculatorIncome Tax CalculatorAge
CalculatorSIP CalculatorTime CalculatorBMI CalculatorGPA CalculatorStatistics CalculatorFraction CalculatorDiabetes Risk
CalculatorDate CalculatorLog CalculatorMORETop Story ListingPm Kisan SchemeSenior Citizen Savings SchemeAir
IndiaPaytmRbi Repo RateMORETop Prime ArticlesCan Mauritius African Odyssey Steer Clear Of The Hindenburg Adani Sized
Iceberg3 Insights To Kick Start Your Day Featuring Mukesh Ambani Repeating Old PlaybookAdani Fiasco Interest Rates
Geopolitical Tensions Why 2023 Will Be A Tough Year For Investors4 Insights To Kick Start Your Day Featuring Airtels Big
Potential Deal With PaytmLithium Found In Jk Heres How To Turn It Into A Catalyst For Indias Clean Energy MissionHirakud
Industrial Works Insolvency How Hindalco And Hirakud Workers Union Unveiled A Staged ActHow To Ensure The Fair Use Of
The Data That Powers Conversational Generative Ai Tools Like ChatgptAfter Dodging Bankruptcy Thrice In Five Years Rolta
India Has Been Dragged To Insolvency Court Again4 Insights To Kick Start Your Day Featuring Tatas Ev Biz Stake SaleYuan
Internationalisation Sees Significant Progress In 2022 Can It Maintain The MomentumMORETop DefinitionsEconomyLaw Of
Diminishing UtilityRiskOrganizational StructurePricing StrategiesMORETop CommoditiesCotton RateZinc RateCrudeoil
RateKapas RateNickel RateMORETop SlideshowItcHow Much Standard Deduction Will Family Pensioners GetHg Infra
EngineeringIncome Tax Rule Change Salaried Individuals Pensioners Must KnowHow Much Standard Deduction Will Family
Pensioners GetYouve Been Doing It WrongHg Infra EngineeringIncome Tax Rule Change Salaried Individuals Pensioners Must
KnowItcYouve Been Doing It WrongMOREPrivate CompaniesRedwood Infotech Private LimitedS V Corporation Private
LimitedAcmeworld Webservices Private LimitedAsclepius Wellness Private LimitedGlaze Trading India Private LimitedLatest
News11 captive elephants were released into the wild. Five years later, researchers found thisQuote of the day by Morgan
Freeman: 'Sometimes life is painful, stressful and not enjoyable but once you get around those humps…' Oscar
winner on finding happiness and peace during life’s toughest momentsIndian Oil rules out shift from Gulf crude
despite regional conflictHonda Motorcycle & Scooter India sales up 5 pc at 5,42,934 units in JulyQuote of the day by
Deb Caletti: ' What do people who love you do? They put their arms around you, love you when you are not so lovable.';
life lesosns from award-winning American author on how true love consists of providing unconditional acceptance and
moral supportMotilal Oswal calls Bloomberg delay on India G-Secs a "temporary operational pause," expects inclusion
within monthsIn 1870, a book was borrowed from a library in Australia. 150 years later, it was found behind a
fireplaceDear Nandan: The NEET crisis was never a leak problem. It is a design problemAmit Shah presents Lokmanya Tilak
Award to NSA Ajit Doval in PuneClean Max Enviro Energy Solutions posts Rs 55-cr profit in Q1AI bubble gone bust? Once a
billionaire, how AI investor Leopold Aschenbrenner lost most of his hedge fund’s fortune in daysNepal communal
tensions: Security tightened in Bihar's Madhubani border districtDelhi Chief Minister launches Lakshmi Yojna portalPM
Modi lays foundation stone, inaugurates Rs 18,000 crore development projects in Andhra Pradesh, flags off UDAN 2.0
expansionDhaval Packaging's Rs. 36.36 crore IPO to open on July 30Follow us on:Download ET App:subscribe to our
newsletterCopyright © 2026 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times
Syndication ServiceFind this comment offensive?Choose your reason below and click on the Report button. This will alert
our moderators to take actionNameReason for reporting:Foul languageSlanderousInciting hatred against a certain
communityOthersYour Reason has been Reported to the admin.XTo post this comment you mustLog In/Connect with:The Economic
TimesorFill in your details:Will be displayedWill not be displayedWill be displayedShare this Comment:Post to
TwitterContinue reading with one of these options:Limited AccessFreeLogin to get access to some exclusive stories &
personalised newslettersLogin NowUnlimited AccessStarting @ Rs120/monthGet access to exclusive stories, expert opinions
& in-depth stock reportsSubscribe NowETUnlock Access to All Exclusives with ETPrime FREE TRIAL15 Days Free: Unlock
All ETPrime Exclusives, Market Tools & ePapersTrial offer expiring in00 : 05 : 00Start Your Free TrialNo Payment
RequiredI'd rather pay ₹2599 nowUh-oh! This is an exclusive story available for selected readers only.Worry not.
You’re just a step away.Sign In to Read for FreePrime Account Detected!It seems like you're already an ETPrime
member withLogin using your ET Prime credentials to enjoy all member benefitsLog out of your current logged-in account
and log in again using your ET Prime credentials to enjoy all member benefits.Sign in & Access ET PrimeUnlock
ETPrime's Exclusive Stories Today!Subscribe to gain powerful insights on business, stock market and industry trends.Big
Price Drop! Flat 40% OffAvail OfferStudent Only OfferAlready a Member? Sign In nowAlready a Member? Sign In nowSubscribe
NowAlready a Member? Sign In nowOffer Exclusively For YouSave up to Rs. 700/-ON ET PRIME MEMBERSHIPAvail OfferOffer
Exclusively For YouGet 1 Year FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer Exclusively For YouGet 1 Year
FreeWith 1 and 2-Year ET prime membershipAvail OfferOffer Exclusively For YouGet Flat 40% OffThen ₹ 1749 for 1
yearAvail OfferOffer Exclusively For YouET Prime at ₹ 49 for 1 monthThen ₹ 1749 for 1 yearAvail OfferSpecial
OfferGet flat 40% off on ETPrimeAvail OfferAvail Offer Continue with Email Continue with Mobile No. Claim NowAlready a
Member? Sign In nowNeed Assistance? Connect with an ETPrime expert for personalized support and guidance Get a Call
Back+91 9484700004What’s Included withETPrime Membership 1Exclusive Insights That MatterUncover the truth with our
investigative storiesMake strategic moves using the real-world case studiesRead industry-specific stories to identify
emerging trendsSpot opportunities with in-depth insights that matterTrump temper on H-1B visas is forcing Indians to
do these things to stay put in USWhat Adani’s US indictment means for India Inc’s overseas fundraisingWhy veterans
like Reliance, L&T are on acquisition spree? Aswath Damodaran has an answer.Will China’s dollar bond sale in Saudi
Arabia trump the US in financial world?Huawei launches its own OS to compete with Google and Apple. But can it win
beyond China?The problem with lab grown diamondsWhy a falling rupee is a better option for the economyA list of top 20
momentum stocks that have delivered massive returns in one year2Invest Wisely With Smart Market Tools & Investment
IdeasAlpha TradeGet daily trade ideas from SEBI-registered research analysts.Investment IdeasGrow your wealth with stock
ideas & sectoral trends.Stock Reports PlusAll-in-one stock research with Stock Score, peer comparison & key
signals.BigBull PortfolioGet to know where the market bulls are investing to identify the right stocks.Stock
AnalyzerCheck the score based on the company's fundamentals, solvency, growth, risk & ownership to decide the right
stocks.Market MoodAnalyze the market sentiments & identify the trend reversal for strategic decisions.Stock Talk
Live at 9 AM DailyAsk your stock queries & get assured replies by ET appointed, SEBI registered experts.3Stay
informed anytime, anywhere with ET ePaperePaper - Print ViewRead the PDF version of ET newspaper. Download & access
it offline anytime.ePaper - Digital ViewRead your daily newspaper in Digital View & get it delivered to your inbox
everyday.Wealth EditionManage your money efficiently with this weekly money management guide.4Times Of India
Subscription (1 Year)TOI ePaperRead the PDF version of TOI newspaper. Download & access it offline anytime.Deep
ExplainersExplore the In-depth explanation of complex topics for everyday life decisions.Health+ StoriesGet fitter with
daily health insights committed to your well-being.Personal Finance+ StoriesManage your wealth better with in-depth
insights & updates on finance.New York Times ExclusivesStay globally informed with exclusive story from New York
Times.5Enjoy Complimentary Subscriptions From Top BrandsDocubay SubscriptionStream new documentaries from all across the
world every day.Stories you might be interested inSubscribe to ourET Investment OpportunitiesSUBMIT