Story thread · 2 reports / 2 sources

India Banks’ Funding Costs Rise as RBI Ends Deposit Window Early

bloomberg.com · 2hShare

Short-term borrowing costs for Indian lenders climbed most in a month after the nation’s central bank said it would end its overseas deposit facility early, taking away a cheaper and more stable source of funding.

First report: Reserve Bank of India ends foreign-currency deposit incentive a month early, blindsiding markets — cryptobriefing.com, 2d