Banks Raise USD 73 Billion in Eleven Weeks: Ministry of Finance
India’s banking sector has mobilised USD 73 billion in foreign exchange inflows in less than 11 weeks under the Reserve Bank of India’s special USD-INR forex swap facility, the Ministry of Finance said. The facility, launched on June 8, 2026, covers FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial … Read More