RBI:
A concessional RBI swap facility at a fixed rate of 1.5% per annum has been introduced for eligible External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) for a tenor of up to five years.
[Notification No. RBI/2026-27/100 FMOD.MAOG.No.S-57/01.06.016/2026-27 dated 08.06.2026]