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FCNR(B) FAQs: RBI Addresses Queries On Swap Facility, Permits Loans On Deposits

The RBI also clarified that under the special swap facility, it will bear the hedging cost only on the principal amount of eligible FCNR(B) deposits and not on the interest component.

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NDTVCenter·3h ago
FCNR(B) FAQs: RBI Addresses Queries On Swap Facility, Permits Loans On Deposits
The RBI also clarified that under the special swap facility, it will bear the hedging cost only on the principal amount of eligible FCNR(B) deposits and not on the interest component.
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FCNR(B) FAQs: RBI Addresses Queries On Swap Facility, Permits Loans On Deposits

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FCNR(B) FAQs: RBI Addresses Queries On Swap Facility, Permits Loans On Deposits

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