RBI Governor Defends Early Closure of FCNR (B) Swap Window

Why RBI ended its foreign currency swap scheme early

Advance closure of the Foreign Currency Non-Resident (Bank) swap window has sparked a debate, but RBI calls it a data-driven response to the forex environment

India banks’ funding costs rise as RBI ends deposit window early

The Reserve Bank of India surprised markets last week by announcing it would close a special dollar deposit window for overseas residents on Aug. 31, after the facility drew more than $50 billion

RBI Governor Defends Early Closure of FCNR (B) Swap Window

Sanjay Malhotra says stronger dollar inflows prompted data-driven deadline revision

Banks rush foreign borrowing after RBI ends FCNR swap

India Business News: MUMBAI: Banks are accelerating foreign-currency bond and external commercial borrowing after RBI closed its FCNR(B) deposit swap facility a month ahea.