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The Economic Times

Economy / The Economic Times

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Indias foreign deposit drive may cost RBI $10.6 bn

India's recent fundraising initiative among its diaspora is anticipated to incur significant expenses for the Reserve Bank of India. The unexpected surge in funds from the special deposit program may impose a financial burden, with economists estimating the cost could exceed twelve billion dollars. To counterbalance these expenses, the central bank might resort to foreign investments for financial relief.

7 Sep 2026 6:30 am