Tag: rbi data

RBI’s forex swap facility draws over $136 billion; more than $127 billion mobilised via FCNR (B) deposits

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RBI’s forex swap facility draws over 6 billion; more than 7 billion mobilised via FCNR (B) deposits

File photo for representational purposes only. | Photo Credit: Reuters The foreign exchange inflows — via via Foreign Currency Non-Resident (Bank) FCNR (B) Deposits, Overseas Foreign Currency Borrowings (OFCBs) and External Commercial Borrowings (ECBs) — under Reserve Bank of India’s (RBI) swap facility has crossed $136 billion, surpassing all projections. This is expected to provide a major relief…

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RBI’s proposed framework to administer project financing | Explained

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RBI’s proposed framework to administer project financing | Explained

The story so far: To strengthen the existing regulatory framework for long gestation period financing for projects such as infrastructure, non-infrastructure and commercial real estate sectors, the Reserve Bank of India (RBI) issued draft regulations for consultation earlier this month. The regulations endeavour to provide a “harmonised prudential framework” for financing projects. It also proposes…

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