RBI Capital Flow Measures Set to Bolster Rupee and Banking Liquidity
New Monetary Measures Target Capital Influx The Reserve Bank of India (RBI) has unveiled a strategic package of measures aimed at absorbing hedging costs on fresh Foreign Currency Non-Resident (FCNR) deposits and expanding foreign investor access to long-term government bonds. These regulatory shifts, announced in Mumbai this week, are designed to stabilize the Indian rupee…