RBI Governor Sanjay Malhotra says controlling inflation remains the central focus of the central bank’s policy stance. In remarks reported across outlets, he also highlights recent developments in India’s foreign exchange flows, stating that measures have supported about $32 billion in inflows. The sources attribute much of this inflow to FCNR(B) (Foreign Currency Non-Resident Bank) deposits, which are described as a key contributor to the strengthening of India’s external position.
The reporting further notes that, alongside FCNR(B) deposits, foreign investment in India’s government securities has increased, contributing to improvements in external balances. One outlet characterises the rupee as undervalued, linking the currency assessment to the broader context of external sector strengthening and policy priorities.
Overall, the articles present a consistent picture: inflation remains the RBI’s foremost priority, while recent foreign inflows—especially FCNR(B) deposits and investment in government securities—are seen as supporting India’s external position.
