SENSEX 73,897.52
+ 373.26
NIFTY 23,239.50
+ 116.50
CRUDEOIL 8,627.00
Indian bank shares surge as RBI announces forex swap facility for overseas borrowings with a minimum three-year maturity.
SENSEX 73,897.52
+ 373.26
NIFTY 23,239.50
+ 116.50
CRUDEOIL 8,627.00

RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflows

Bank stocks rally as RBI pushes for forex assets

RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflows - The Economic Times

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Reserve Bank of India's special swap facility to attract foreign currency brought in $20.72 billion till July 17, with most of…

RBI requests daily data from banks on foreign capital measures, including FCNR deposits, ECBs, and OFCBs, to attract investment.

The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage…

MUMBAI: Bank stocks surged across the board on Tuesday following RBI’s operational guidelines for a special foreign currency…

Traders are piling into bullish derivative bets on banks, reversing bearish positions, as RBI's foreign currency borrowing…