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Daily news update (verified) β€” RBI News: NRIs put $100 billion in FCNR(B) scheme to take India's forex reserves to record high - India Today

RBI News: NRIs put $100 billion in FCNR(B) scheme to take India's forex reserves to record high - India Today (2026)

Daily news update (verified) β€” RBI News: NRIs put $100 billion in FCNR(B) scheme to take India's forex reserves to record high - India Today

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3 September 2026Published
2 min220 words
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Summary

  • RBI News: NRIs put $100 billion in FCNR(B) scheme to take India's forex reserves to record high - India Today India Today Aaj Tak IndiaIn just three months, the FCNR(B) has added $100 billion to India's forex reserves amid volatile crude prices and a depreciating rupee.Advertisement Collections under a Reserve Bank of India (RBI) scheme aimed at attracting foreign currency deposits from NRIs crossed $100 bi(Image for Representation: Unsplash) India Today Business Desk New Delhi , UPDATED: Sep 2, 2026 15:52 IST Written By: Shounak Sanyal CollectThe massive dollar inflow from NRIs has pushed India's forex reserves to a record high of $729.3 billion, at a time when the war in the Midd

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  • Today: New reporting in the cited articleContext: Prior developments may be referenced in the same articleNext: Follow official/primary statements linked in sources

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  • https://www.indiatoday.in/business/story/rbi-news-fcnr-b-deposit-india-forex-reserves-inr-value-in-dollar-non-resident-indian-2985252-2026-09-02

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