Friday, 2 October 2026Updated 17m ago
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Market move▼ Bearish for Indian equities

Indian banks faced $500 million FX losses after RBI position curbs

1 source · first seen 07:11 2 Oct · updated 07:11 2 Oct

The brief

Written from 1 report · check the source before you trade
  • Indian banks faced $500 million in FX losses after RBI position curbs
  • Banks recovered around $400 million after market spreads widened and positions were normalised
  • FX losses expose Indian banks to costs from RBI restrictions on currency positions

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Banks75 todayRBI35 todayCrisil₹4,428.60 · 3 today

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Read the reports

1 report · earliest 07:11
Business StandardIndian banks faced $500 million FX losses after RBI position curbs07:11