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Global Business News

The Economic Times

Global Business / The Economic Times

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PSUs to get concessional forex swaps to boost external borrowings

The Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to encourage external commercial borrowings by these entities. The facility will be available until September 30. It is expected to significantly increase dollar inflows into India. Governor Sanjay Malhotra anticipates healthy flows from this and other government measures.

6 Jun 2026 12:27 am