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Economy

India draws nearly $10 bn under RBI's deposit drive to support rupee: Report

India received $10 billion from RBI's NRI deposit program. Program aims to boost FX reserves and strengthen rupee. Banks face challenges like higher costs and taxation. India has attracted roughly $10 ...

Source: RSS · August 6, 2026 at 10:12 AM · AI-assisted report

India draws nearly $10 bn under RBI's deposit drive to support rupee: Report

Image: moneycontrol.com

KUALA LUMPUR, 6 AUGUST 2026 —

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India received $10 billion from RBI's NRI deposit program. Program aims to boost FX reserves and strengthen rupee. Banks face challenges like higher costs and taxation. India has attracted roughly $10 ...

Market Impact

Details so far come from RSS. DomainFork is monitoring for confirmation and follow-up reporting.

Across Asia, investors weigh developments like this for their effect on regional supply chains, currencies, and cross-border investment.

Regional funds track developments of this type for what they signal about growth and rate expectations across Asia.

The story sits within DomainFork's economy coverage, which follows the companies, institutions, and policy moves shaping the Malaysian and regional economy.