Indians living overseas deposited $36.72 billion in Indian banks, helping strengthen the country's foreign exchange reserves and support the rupee during recent market volatility.
India’s push to attract overseas capital has brought in more than $40 billion since June, boosting the RBI’s foreign-currency buffers as policymakers seek to stabilize the rupee amid rising crude prices.
Figures released by the Reserve Bank of India ... [1555 chars]
Source: ThePrint
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