RBI’s five measures to attract foreign capital to India

RBI Governor Sanjay Malhotra on Friday in his June MPC statement said net FPI outflows stood at nearly USD 14 billion in FY27 so far, primarily from equities, even as gross FDI remained robust. To attract foreign capital and strengthen the balance of payments, the central bank announced five measures, including easing foreign investment norms, expanding FAR securities and providing forex facilities for ECBs and FCNR(B) deposits.

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