PSBs target nearly $30 billion under RBI's concessional forex swap window
•State-owned banks target nearly $30 billion through foreign currency deposits and borrowings under RBI's concessional swap window.
•RBI Governor Sanjay Malhotra says the central bank won't close the window prematurely, expecting healthy inflows to continue.
•Banks mobilized robust premium in the first two months, with inflows remaining strong.
•RBI's concessional swap window allows banks to borrow and deposit foreign currency at favorable rates.