RBI's inflow-boosting measures may bring $75 bn into India: Report

RBI announced several measures aimed at attracting foreign capital inflows, including expanding foreign access to long-term government securities and removing FPI limits under general route. These steps could attract $75-80 billion in inflows, said Shailendra Jhingan, Head of Treasury and Economic Research at ICICI Bank. He added that the measures could also strengthen rupee against US dollar.