RBI Special Schemes Rake In $72.8B Forex Since June 8 Window
🔹 Total inflows $72.8B till Friday via 3 forex programs
🔹 FCNR(B) dominates at $65.39B — targeted at diaspora
🔹 ECBs $2.59B, overseas foreign currency borrowings $4.86B
🔹 Reserves up 7 weeks, $50B since July — $9.9B hike to $716.9B till Aug 14
🔹 Banks added $13B in 1 week via FCNR(B) — window advanced to Aug 31
#Economy #Financials
🔹 Total inflows $72.8B till Friday via 3 forex programs
🔹 FCNR(B) dominates at $65.39B — targeted at diaspora
🔹 ECBs $2.59B, overseas foreign currency borrowings $4.86B
🔹 Reserves up 7 weeks, $50B since July — $9.9B hike to $716.9B till Aug 14
🔹 Banks added $13B in 1 week via FCNR(B) — window advanced to Aug 31
#Economy #Financials
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Indian Development News 🇮🇳
Canada pension plan investment board(CPP) first direct investment in an Indian data centre (DC) operator. CPP Investments is investing up to ₹7,000 crore in CtrlS Datacenters through a mix of equity stake acquisition and a new joint venture for hyperscale…
Canada Pension Plan Investment Board (CPP Investments) has committed up to ₹2,070 crore to the NIIF Infrastructure Fund II. This funding successfully anchors the fund's first close at ₹19,000 crore toward its target of ₹30,000 crore for core and emerging sectors. #Financials
🔗 Economic Times
🔗 Economic Times
The Economic Times
Canada Pension Plan Investments commits ₹2,070 Crore to NIIF Infrastructure Fund II
CPP Investments has committed around ₹2,070 crore ($215 million) to NIIF Infrastructure Fund II, strengthening its partnership with NIIF. The fund will invest in Indias infrastructure sector, focusing on long-term growth themes including urbanisation, digitalisation…
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