(RBI) announced two special US Dollar-Rupee forex swap facilities, one for fresh Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits and another for eligible External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings

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.…

RBI introduces ECB and FCNR (B) swap windows to enhance liquidity and support foreign currency inflows until January 2027.

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…

MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk itself to draw in overseas money, while nudging state-owned borrowers to look abroad for…