Banking #bank stocks#rbi
Bank stocks rally as RBI pushes for forex assets with FCNR(B) swap window guidelines
Indian bank stocks rallied after the RBI issued operational guidelines for a special FCNR(B) swap window, with public sector lenders leading gains. The RBI will absorb hedging costs and exempt CRR/SLR requirements, aiming to attract up to $50 billion in foreign currency deposits. The rupee strengthened 35 paise to 95.36 per dollar.
Jun 14, 2026 1 source