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RBI permits domestic banks to extend credit against foreign currency deposits abroad

Invizion Team
June 23, 2026
1 min read
RBI permits domestic banks to extend credit against foreign currency deposits abroad - INVIZION Holding Insights

RBI allows banks to lend against foreign currency deposits to non-residents, aiming to boost dollar inflows. New rules include swaps, liens, and FCNR incentives.

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