RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs

Economic Times

RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs

The Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps for overseas borrowing until September 2026. Bankers suggest the RBI needs to cover at least half the hedging costs for this to make borrowing abroad cheaper and viable for these companies.

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