Industry Reports

India RBI faces about $11 billion bill on foreign deposits plan

Saturday, September 5, 2026 - 02:42
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India RBI faces about $11 billion bill on foreign deposits plan
India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come with a hefty $10.6 billion bill for the country’s central bank.

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