India, July 28 -- India could attract $80 to $85 billion under the Reserve Bank's concessional swap facility scheme to encourage foreign currency inflows, a report said on Monday.

Till July 17, of the total inflows under the scheme, Foreign Currency Non-Resident (Bank) or FCNR (B) deposits accounted for $17.406 billion, Overseas Foreign Currency Borrowings (OFCBs) contributed $1.97 billion and External Commercial Borrowings (ECBs) amounted to $1.342 billion.

'Ecowrap', an SBI research report, said the RBI figure of about $20 billion inflows till July 17 came as a "positive reprieve", chiefly with a smart FCNR(B) corpus of $17.4 billion.

"Overall, we believe FCNR (B) deposits in the range of $65-70 billion should be received overall in ...