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The Business Brief THURSDAY, 3 SEPTEMBER 2026
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India RBI Faces About $11 Billion Bill on Foreign Deposits Plan

1 source ·1 article ·1h ago

India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come with a hefty $10.6 billion bill for the country’s central bank.

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Bloomberg 1

All coverage · 1 article

Bloomberg Markets ·1h ago

India RBI Faces About $11 Billion Bill on Foreign Deposits Plan

India tapped its vast diaspora for a record $127 billion through a special deposit program, a fundraising bonanza that economists say could come with a hefty $10.6 billion bill for the country’s central bank.