RBI has garnered $136.38 billion through the special dollar swap scheme which it launched in June…
Tag: foreign currency deposits
Rupee gains 47 paise as record FCNR inflows boost forex liquidity
Rupee gains 47 paise as record FCNR inflows boost forex liquidity (Image credit: Reuters) Rupee began…
Overseas branches can lend to NRIs for deposits in India
MUMBAI: Reserve Bank of India has opened the floodgates for foreign capital, allowing Indian banks to…