whispers in the corridors
RBI's Special Swap Facilities for ECBs
The Reserve Bank of India (RBI) introduced special swap facilities for External Commercial Borrowings (ECBs) and foreign borrowings, with relevant notifications issued in the early-to-mid June 2026 period. Separately, the Monetary Policy Committee (MPC) meeting held earlier in June decided to keep the repo rate unchanged, maintaining a steady policy stance.
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