Banks have already mobilised $52.3 billion under RBI's concessional swap window, helping deposit growth and LDRs, but ...

HDFC Bank mobilised $11.5-$12 billion in FCNR(B) deposits at 6.25% under the RBI’s concessional swap facility ...

RBI moved the FCNR(B) swap window deadline to August 31. See why it closed early, what changed, and what it means for NRI ...

Twenty International Banking Units have sanctioned $54.02 billion under the RBI's FCNR(B) swap facility, with $52.82 billion ...

The latest inflow data shows that FCNR(B) deposits have emerged as the principal channel through which banks have raised ...

State Bank of India expects to gather USD 10 billion from non-residents and foreign investors. The bank's total business aims ...

Terming the response to the Reserve Bank of India’s (RBI) concessional swap facilities for Foreign Currency Non-Resident ...

The RBI’s swap window enables eligible banks to swap dollars for rupees, and vice versa, with the central bank against specified overseas funding instruments. While the swap window for FCNR(B) ...

London-headquartered HSBC has emerged as the biggest beneficiary of the Reserve Bank of India's (RBI) concessional Foreign Currency Non-Resident (Bank), or FCNR(B), deposit swap scheme, mobilising the ...