Workflow
Central bank swap facility
icon
搜索文档
Four Indian private banks eye dollar debt before RBI swap window deadline, bankers say
The Economic Times· 2026-08-18 21:05
Kotak Mahindra Bank, YES Bank, Lenders are rushing ​to raise funds after the Reserve Bank of India last week said it would close ​a swap facility for FX deposits from non-resident Indians on August 31, a month earlier than planned.Kotak Bank is leading the race as it has ​set its final price guidance at 108 basis ⁠points above ‌U.S. Treasuries, 22 bps narrower than its initial guidance."Kotak Bank ​should be ​finalised before the end of this week, leaving the other ⁠three lenders scrambling for funds in the ...