Tag: Public Sector Undertakings
Posted in Economy
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake sale
The government is likely to exceed its budgeted disinvestment and asset monetisation target of Rs 80,000 crore in FY27, crossing the mark for the first…
Posted in Economy
Govt companies request RBI to extend concessional forex swap by three months
New Delhi: Public sector undertakings have sought a three-month extension, beyond December 2026, of the Reserve Bank of India’s concessional forex swap facility, senior officials…
Posted in Economy
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUs
Mumbai: The Reserve Bank of India (RBI) will have to bear at least half the hedging cost of between 3.5% and 4%, to make it…
Posted in Economy
PSUs to get concessional forex swaps to boost external borrowings
Mumbai: Reserve Bank of India (RBI) will unveil a concessional foreign exchange swap facility valid until September 30 to incentivise external commercial borrowings (ECBs) by…