Reserve Bank of India Governor Sanjay Malhotra announced that a specialized foreign exchange mobilization drive successfully attracted $32 billion into national foreign reserves.
Addressing financial journalists in Mumbai, the Governor detailed how strategic central bank operations and non-resident deposit incentives strengthened external liquidity buffers amidst global currency market volatility.
The capital influx enhances India’s import cover and provides central monetary authorities greater stability in managing foreign exchange fluctuations.
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Sources:
https://indianexpress.com/article/education/today-news-headlines-for-school-assembly-28-july-2026-cjp-warns-of-more-protests-new-anti-paper-leak-law-tabled-mirabai-chanus-gold-10805883/