New Delhi, July 27 -- India has attracted nearly $32 billion in foreign capital under the Reserve Bank of India's (RBI) special measures, with most of the inflows coming through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, RBI Governor Sanjay Malhotra said.

According to an Economic Times report, FCNR(B) inflows have already crossed the $26 billion mobilised under the RBI's 2013 scheme in just about 45 days, making this one of the fastest foreign currency deposit mobilisation drives in the country's history.

Malhotra said the RBI is closely monitoring whether existing deposits are simply being rolled over to take advantage of the higher interest rates offered under the new scheme. However, he said there is no indication that ...