PSUs have urged the RBI to extend its concessional ECB forex swap window till March 2027 to boost foreign borrowing, FCNR(B) inflows and capital expenditure.

Public sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar costs for external borrowing. Banks have…

PSUs have urged the RBI to extend its concessional ECB forex swap window till March 2027 to boost foreign borrowing, FCNR(B) inflows and capital expenditure.