India mobilised a record $127.23 billion through foreign-currency deposits under a special central bank programme aimed…
Tag: FCNR(B) deposits
Collections under RBI’s dollar swap scheme exceed $72.8 billion
Indian banks raise $72.8 billion in foreign-currency funds under RBI’s special swap facility as forex inflows…
Foreign, private banks raise over 68% FCNR(B) funds
Foreign currency deposits saw a significant increase between June and July MUMBAI: Of the $28 billion…
Forex boost: RBI’s special swap facility draws $40.8 billion in foreign inflows by July-end
Foreign currency inflows under the Reserve Bank of India’s (RBI) special swap facility almost doubled in…
RBI to fully absorb forex risks, inflows may see $50bn boost
MUMBAI: Reserve Bank of India has opened the dollar tap by taking on the currency risk…