Apart from FCNR(B) deposits, the swap window also received $1.97 billion in overseas foreign currency borrowings and $1.34 billion through external commercial borrowings. Commercial banks exchange dollars for rupees at the swap window at guaranteed rates.
​Apart from FCNR(B) deposits, the swap window also received $1.97 billion in overseas foreign currency borrowings and $1.34 billion through external commercial borrowings. Commercial banks exchange dollars for rupees at the swap window at guaranteed rates. by Soban News (international And National News)
