Bank stocks rose after RBI released details of its forex swap facility for overseas borrowings by lenders.
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Shares of Indian banks rose more than 1% on Tuesday after the central bank released details of its forex swap facility for overseas borrowings by lenders.
Banks can avail concessional swap from the Reserve Bank of India for overseas borrowings of a minimum maturity of three years, the RBI said.
The Nifty Bank index rose 1.2%, while the benchmark Nifty 50 was up 0.5%.
Published on June 9, 2026
