A time–sensitive note before we begin
On 8 June 2026, the Reserve Bank of India opened a special US Dollar–Rupee swap facility for fresh FCNR(B) deposits of three to five years, simultaneously suspending the interest rate ceiling on that tenor band and exempting such deposits from CRR and SLR maintenance. The response was extraordinary: deposits mobilised under the facility crossed...
English
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Romaian
Portuguese (Brazil)