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RBI forex swap scheme attracts $127.23 billion through FCNR(B) deposits

The inflows included $127.23 billion through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, while overseas foreign currency borrowings (OFCB...

The inflows included $127.23 billion through Foreign Currency Non-Resident (Bank) [FCNR(B)] deposits, while overseas foreign currency borrowings (OFCBs) contributed $5.26 billion and external commercial borrowings (ECBs) accounted for $3.89 billion.

SOURCE: Business Standard - Politics
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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