As oil prices rise, RBI opens special window for PSU oil firms to meet their daily dollar need

🇮🇳 The Hindu (IN) —
As oil prices rise, RBI opens special window for PSU oil firms to meet their daily dollar need

AI Summary

The Reserve Bank of India is opening a special dollar-liquidity window for public-sector oil companies as rising crude prices increase their foreign-currency needs. The facility begins October 12, 2026, and will continue until further notice.

The facility will come in effect from October 12, 2026 and will remain in place until further notice, the central bank added

Markets Commodities Energy India RBI oil prices public-sector oil firms dollar liquidity fuel imports

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