- Finance Minister and RBI outline strategies to attract foreign capital and address concerns regarding FII holdings.
- RBI policy and global factors are currently influencing yields in the Indian sovereign debt market.
- Centre allows RBI to introduce concessional forex swap window, while tax relief encourages foreign portfolio investor inflows.
- RBI provides concessional swap facility to banks as part of efforts to boost capital inflows in India.
State Bank of India benefits from RBI's concessional swap window policy by issuing dollar-denominated bonds referencing US Treasuries.
1 report, 1 independent
Updated Aug 12
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What happened
State Bank of India benefits from RBI's concessional swap window policy by issuing dollar-denominated bonds referencing US Treasuries.
Who's involved
What this event is mainly aboutKeep exploring
Part of
RBI provides concessional swap facility to banks as part of efforts to boost capital inflows in India.Also in this story
- RBI's concessional swap window drove fund mobilization, causing deposit growth to peak.
- The Reserve Bank of India announced leveraging its special concessional swap window.
The entities involved
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State Bank of India
Indian public sector bank and financial services organization
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Reserve Bank of India
central bank of India
Related events
- RBI closed its concessional swap window and implemented measures to bolster India's balance of payments.
- RBI policy actions, including the swap facility closure, are driving market conditions for bond sales and funding deadlines for several financial institutions.
- The Reserve Bank of India acknowledged the importance of cash within the Indian economy.
- The Reserve Bank of India rolled out new measures aimed at attracting foreign capital to bolster the nation's balance of payments.
- The Securities and Exchange Board of India and the Reserve Bank of India discussed the future of the corporate bond market.