Targeted flows, not swap cost, drove early FCNR (B) closure: SBI Research

The cost of FCNR (B) swaps is unlikely to have been a constraining factor for the Reserve Bank of India's (RBI) decision to ...
The Financial Express

Cost unlikely to have driven swap window closure: SBI Research

The Reserve Bank of India’s decision to prematurely close the special FCNR (B) swap window should shift the focus towards the exchange-rate management and emerging global risks, SBI Research said in ...

USD vs INR: Rupee slips despite RBI’s FCNR boost: What should currency traders do now?

Under the FCNR(B) scheme, banks offer attractive interest rates to mobilise foreign currency deposits from non-resident ...

Record $8 billion dollar bonds by India lenders set to rise

The deals have gathered pace since the Reserve Bank of India in early June announced the concessional foreign-exchange swap ...
The Financial Express

RBI proposes faster loan-rate resets: Will borrowers see quicker EMI relief when rates fall?

The RBI has also highlighted divergent practices among commercial banks in areas such as the determination of the Marginal ...