The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years. The move follows the Reserve Bank of India’s recent decision to introduce a USD-INR foreign exchange swap facility for banks on newly mobilised FCNR(B) deposits with tenures of at least three years and up to five years. by Soban News (international And National News)
