Indian bank shares surge as RBI announces forex swap facility for overseas borrowings with a minimum three-year maturity.

Bond inflows to India reach a one-year high as rupee support measures attract foreign investment.

The Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-owned companies to raise funds abroad.…

Banks will benefit from new Reserve Bank of India rules. Swap deals for foreign currency funds will not count towards their overnight foreign currency market position. This change…

The Reserve Bank of India is introducing a dollar-rupee swap facility for banks. This move aims to help state-run firms and lenders hedge their foreign currency borrowings. The…

Indian bank shares surge as RBI announces forex swap facility for overseas borrowings with a minimum three-year maturity.

Sensex and Nifty rise at noon, boosted by bank stocks following RBI's forex swap announcement and positive global cues.

Indian markets closed higher on Tuesday, boosted by banking and financial stocks. The Reserve Bank of India's new forex swap facility eased overseas borrowing concerns. Market…

On Tuesday, bank stocks rocketed upwards following strategic interventions by the Reserve Bank of India aimed at shielding foreign currency loans. This move has revitalized…

MUMBAI: Bank stocks surged across the board on Tuesday following RBI’s operational guidelines for a special foreign currency non-resident (bank) or FCNR(B), swap window, with…