DBS: RBI and Government Coordinate to Attract Foreign Capital, Support Rupee

DBS Group Research highlighted that the Reserve Bank of India (RBI) and the Indian government have introduced a series of coordinated steps to draw foreign investment and reinforce India's external position.

The specific measures were not detailed in the note, but the aim is to support the Indian rupee amid ongoing global market pressures. DBS sees the moves as a proactive effort to stabilize the currency and maintain capital inflows.