Indian banks leave sizeable FX risk open on overseas deposits, creating potential rupee overhang Forex News September 8, 2026 While the Reserve Bank of India’s special swap facility shields banks from FX risk on the deposits’ principal amounts, interest…
Banks rush to exit overseas forex bets ahead of RBI deadline Forex News April 10, 2026 Mumbai: Indian lenders have largely exited their net open positions in overseas foreign exchange markets ahead of Friday’s regulatory deadline,…