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RBI’s forex swaps create opening for Indian firms to tap dollar funding at lower cost

Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is ‌combined with a dollar-rupee cross-currency swap

Banks are approaching corporate borrowers with structures in which a rupee loan, commercial paper or non-convertible debenture is ‌combined with a dollar-rupee cross-currency swap
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