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Over $20 billion mobilised through RBI’s special swap facility
The Reserve Bank of India’s (RBI) foreign currently swap facility operationalised through Foreign Currently Non-Resident-Bank {FCNR(B)} deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) to mobilise foreign exchange has generated more than 20 billion, according to data released by the central bank on Monday.
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economictimes.indiatimes.com
Indian banks mobilise $20.7 billion under RBI's special incentive window
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
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RBI says $20 billion mobilised under the special foreign currency scheme
In a remarkable financial boost, India's central bank recorded significant foreign exchange inflows of $20.72 billion, primarily through a swap facility provided by the Reserve…
