RBI Notifies Over $65 Billion FCNR-B Inflows, Ends Swap Scheme
The Reserve Bank of India has reported substantial foreign exchange inflows, with FCNR B deposits alone exceeding $65 billion, prompting an early end to its foreign currency swap scheme ahead of the August deadline.
Read MoreRBI’s Repo Auction Result: What The Latest Update Means
RBI allotted over 75,000 crore rupees in its latest Variable Rate Repo auction as banking system liquidity turned tight. Here is what it means.
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