For companies concerned about market volatility, interest rate swaps are a valuable financial tool to establish a level of ...
1monon MSN
RBI revives FCNR(B) swap window for NRIs; can it replicate the 2013 inflow boom? Explained
The RBI has revived the FCNR(B) swap window, a tool last used during the 2013 rupee crisis. Here's how the scheme works and whether it can attract fresh dollar inflows from NRIs.
The RBI has clarified how its FCNR(B) swap facility will work, answering questions on loans against deposits, ECB eligibility, interest rates and hedging rules. Here's what NRIs and banks need to know ...
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