Explained: why RBI’s FCNR(B) and ECB swap window could be a game changer for banks
Published on: June 14, 2026, 1:57 p.m. | Source: The Economic Times
RBIs FCNR(B) and ECB swap windows aim to boost liquidity, stabilise the rupee and ease funding costs for banks. Attractive returns for NRIs and lower hedging costs for lenders create a win-win. Strong inflows could support credit growth, margins and offset persistent FPI outflows from Indian banking stocks.
