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Banks may lose ₹4,000 cr over RBI limiting net rupee forex positions to $100 mn: Report
short by Ashley Paul / on Sunday, 29 March, 2026
Banks are estimated to lose ₹4,000 crore due to RBI's $100-million limit on net open positions in rupees in foreign exchange market, CNBC-TV18 reported. This is because the rule will require banks to cut their long dollar positions, which could be worth $40 billion. Additionally, since it's year-end, banks may have to account for the loss in the current FY.
read more at CNBC-TV18