NABARD ECB
NABARD plans to raise $2 billion under dollar-rupee swap window by Q3 - Chairman
This story was originally published at 22:02 IST on 18 August 2026
Register to read our real-time news.Informist, Tuesday, Aug. 18, 2026
By Priyasmita Dutta
NEW DELHI - National Bank for Agriculture and Rural Development plans to raise up to $2 billion from overseas markets under the concessional dollar-rupee swap window by the end of December, its Chairman Shaji K.V. said Tuesday. "We are firming up our plans and have done a few rounds of discussions with stakeholders from different markets," Shaji told Informist at the sidelines of the PSB Confluence event here.
The Reserve Bank of India announced a concessional dollar-rupee swap facility for external commercial borrowings raised by public sector undertakings to attract foreign capital. According to the state-owned financial institution's chairman, the company is keen to tap the opportunity that the scheme offers. "It is a good scheme, and we will be happy to participate," he said.
As of Thursday, public sector companies have raised $1.74 billion under the scheme, according to the RBI. NABARD is India’s top development bank. Established in July, 1982, it helps fund the agriculture sector, small enterprises, and the rural economy. End
US$1 = INR 95.68
Reported by Priyasmita Dutta
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
