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BreakingIndia Relaxes FDI Rules for E-commerce Exports of Domestically Made Goods1/6
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Foreign Currency

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Latest on Foreign Currency

Indian Banks Attract $20.7 Billion Via RBI's Special Foreign Currency Scheme
Breaking
Stock Market

Indian Banks Attract $20.7 Billion Via RBI's Special Foreign Currency Scheme

Indian banks have successfully attracted $20.7 billion in foreign currency through a special incentive window offered by the Reserve Bank of India (RBI). A significant portion, $17.4 billion, came from FCNR(B) deposits within just six weeks, easing earlier concerns about the scheme's effectiveness and boosting India's foreign exchange reserves.

2d ago·1 min readListen
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