The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned companies to raise funds abroad. Banks can now offer leverage on foreign currency non-resident deposits. These initiatives aim to boost overseas fundraising and deposit mobilization for Indian entities.
The Reserve Bank of India has introduced new foreign exchange measures. These include special swap facilities to encourage state-owned companies to raise funds abroad. Banks can now offer leverage on foreign currency non-resident deposits. These initiatives aim to boost overseas fundraising and deposit mobilization for Indian entities.
<iframe src="https://hindustansphere.com/embed/cluster/dcdc0f2dd87c6ed726419c866116129db8b2b251" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="RBI offers concessional swaps, allows leverage for NRI deposits to drive forex inflows"></iframe>
