The Reserve Bank of India introduced capital-flow measures in early June 2026 to stabilize the rupee and attract foreign currency. By August 1, these initiatives had drawn approximately $40.81 billion in cumulative inflows. FCNR(B) deposits dominated, accounting for $36.7 billion, or roughly 90% of total inflows. State Bank of India research projects that the measures could ultimately attract between $80 billion and $85 billion in total. The September 30, 2026 deadline for expanded government securities access creates a natural pressure point that could accelerate remaining inflows.
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