- HSBC has assessed the effectiveness of Indian financial policy, noting that policy actions have improved the Balance of Payments by over $30 billion.
- The Reserve Bank of India rolled out new measures aimed at attracting foreign capital to bolster the nation's balance of payments.
RBI closed its concessional swap window and implemented measures to bolster India's balance of payments.
2 reports, 2 independent
Updated Aug 17
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
RBI closed its concessional swap window and implemented measures to bolster India's balance of payments.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- RBI's swap facility closure is now affecting demand for FCNR(B) deposits.Sub-event
RBI closed the concessional swap window as part of measures to bolster India's balance of payments.1 source
Keep exploring
The entities involved
-
Reserve Bank of India
central bank of India
Related events
- The Reserve Bank of India announced leveraging its special concessional swap window.
- RBI provides concessional swap facility to banks as part of efforts to boost capital inflows in India.
- RBI's concessional swap window drove fund mobilization, causing deposit growth to peak.
- The Reserve Bank of India changed the deadline for its swap support facility, affecting participating banks.
- RBI manages liquidity via foreign-exchange swaps.