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RBI opens FCNR(B) swap window to attract foreign-currency deposits | Collector
RBI opens FCNR(B) swap window to attract foreign-currency deposits

RBI opens FCNR(B) swap window to attract foreign-currency deposits

The facility will allow banks to raise fresh three- to five-year FCNR(B) deposits at lower hedging cost, helping support foreign inflows and the rupee

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