The central bank had introduced the special swap facility in June this year to cover inflows through FCNR(B) deposits, ECBs and OFCBs. | Business News

India's banking system attracted over $136 billion through a special Reserve Bank of India swap facility. Foreign currency non-resident deposits accounted for the largest portion…

RBI's forex swap facility raises over $136 billion, boosting foreign exchange reserves and stabilizing the Indian rupee.