Wary of RBI, banks back off from forex deals Forex News October 27, 2026 Mumbai: Some large banks have backed off from foreign exchange swap deals they had entered into, or were about to…
FCNR(B) scheme has bought India 3-5 years, but $170 billion repayment cliff looms: Uday Kotak Forex News October 26, 2026 Mumbai: Uday Kotak, founder of Kotak Mahindra Bank, called India’s Foreign Currency Non-Resident Bank (FCNR(B)) deposit mobilisation scheme a “strong…
