Banks Pull Back from Forex Buy-Sell Swaps into US Treasury Bills After Sensing RBI Discomfort
Some large Indian banks have shelved or unwound forex buy-sell swap trades that parked FCNR-linked surplus funds in US Treasury…
27 OCT 2026
Some large Indian banks have shelved or unwound forex buy-sell swap trades that parked FCNR-linked surplus funds in US Treasury…
Banks do not expect the RBI's amended operational risk capital framework, effective April 1, 2027, to force fresh capital raising;…
Reserve Bank of India (RBI) has granted banking licence to IDFC Bank for undertaking banking business in the country. Infrastructure…