The new rates will be LIBOR/Swap plus 300 basis points from existing LIBOR/Swap plus 400 basis points for maturities of three to five years, the RBI said.
RBI to cut swap rates on foreign currency deposits from March 1
More from Stock MarketMore posts in Stock Market »
- Share Market LIVE: Nifty reclaims 15,000 after 3-day gap, Sensex tops 50,700; RIL, HDFC top contributors – The Financial Express
- Share Market HIGHLIGHTS: Sensex ends up 447 points, Nifty settles above 14,900; HDFC Bank, Infosys, TCS jump – The Financial Express
- Share Market LIVE: Sensex ends up 447 points, Nifty settles above 14,900; HDFC Bank, Infosys, TCS jump – The Financial Express
- Share Market LIVE: Sensex off day’s high, Nifty falls below 14,800; HDFC, ICICI Bank drag, IT stocks jump – The Financial Express
- Share Market LIVE: Sensex tops 50,300, Nifty jumps above 14,900; RIL, HDFC Bank, Infosys top contributors – The Financial Express