- 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.
RBI's swap facility closure is now affecting demand for FCNR(B) deposits.
3 reports, 2 independent
Updated Aug 18
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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's swap facility closure is now affecting demand for FCNR(B) deposits.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.RBI closed the FCNR(B) swap window early, causing unwinding of positions.1 source
The closure of the RBI swap facility is impacting FCNR(B) demand.1 source
RBI's early closure of the FCNR(B) swap facility raises concerns over dollar inflows and liquidity.1 source
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The entities involved
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Reserve Bank of India
central bank of India
Related events
- ICICI Bank facilitated FCNR deposits via the swap facility provided by the Reserve Bank of India.
- RBI provides concessional swap facility to banks as part of efforts to boost capital inflows in India.
- The Reserve Bank of India announced leveraging its special concessional swap window.
- RBI takes control of Yes Bank, SMBC buys stake in Mumbai bank, and Supreme Court quashes AT-1 bond write-off.
- RBI tightened regulations on foreign exchange derivatives on October 12, 2026.