Although the influx of non -resident deposits slowed down, banks watched $ 751 million as compared to $ 751 million in the first month of the financial year, as compared to $ 751 million, as per the data published by the central bank in their June bulletin.
The net external commercial credit by Indian companies rose from $ 0.5 billion to $ 2.8 billion in April a year ago.
The central bank said, “Overall, the outskirts of India remain flexible as the major outer region continues to improve vulnerable indicator. We are convinced to meet our external financing requirements.”
India’s foreign exchange reserves were at $ 698.95 billion at the end of June 13, compared to $ 665.396 billion on 28 March. The RBI buys dollars from the market when it sells US greenback to prevent any rapid depreciation in local currency, RBI buys dollars from the market.
Gross FDI flow was strong in FY25, with a year of $ 71.3 billion to about $ 81 billion from $ 71.3 billion. However, net FDI operated $ 10.1 billion to $ 0.4 billion due to an increase in repayment. “Reporting is a sign of a mature market where foreign investors can enter and exit smoothly, while high gross FDI continues to remain an attractive investment destination,” the RBI said in the monthly report. FY25, as foreign portfolio investors booked profit in equity.
The non-resident deposits recorded a high net flow of US $ 16.2 billion in 2024–25 a year ago compared to US $ 14.7 billion.
