Higher forex kitty to lower borrowing cost, net more foreign funds: Report
Mumbai: The record high forex reserves of $516 billion, of which $81 billion added since governor Shaktikanta Das has assumed office, will help greater foreign fund inflows and lower the cost of overseas funds for corporates, says a report. Governor Das’ efforts since assuming office in December 2018, resemble those of the Bimal Jalan-YV Reddy … Read more