RBI raises $132.9 billion via FCNR-B deposits, window closes early

India's RBI raised $132.9 billion through its FCNR-B deposit window, which closed ahead of schedule due to strong demand. Including overseas and commercial borrowings, total inflows reached $143.5 billion, well above market estimates of $90 billion. The surge strengthens RBI's capacity to manage global financial pressures and support foreign-exchange liquidity.