- The government is selling a stake in the Indian Railway Finance Corporation (IRFC), which operates as a Navratna under the Ministry of Railways.
- The Indian Railway Finance Corporation (IRFC) is facing financial headwinds, with its loan agreement stalling on a potential takeover. The Reserve Bank of India's default mechanism has been invoked.
RBI's special swap facility was utilized to enable bond issuance for Power Finance Corporation, which is facing financial headwinds.
1 report, 1 independent
Updated Jun 23
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What happened
RBI's special swap facility was utilized to enable bond issuance for Power Finance Corporation, which is facing financial headwinds.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Power Finance Corporation
Public Sector Undertaking in India
Nothing else this week.
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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 policy actions, including the swap facility closure, are driving market conditions for bond sales and funding deadlines for several financial institutions.
- ICICI Bank facilitated FCNR deposits via the swap facility provided by the Reserve Bank of India.
- RBI provides a special dollar window to Oil Marketing Companies (OMCs) to support rupee stability.