There may be corporates with no existing exposure but willing to take up an
exposure in an expectation of making profit out of this transaction. Thus
they would be willing to swap their rupee loan with forex loan and book in
forward cover or make the payments on spot basis on the day of
disbursements. These corporates may also consider the option of raising
new loans in foreign currency and swap a rupee loan if it turns out to be
cheaper option. Thus many corporates would fall under this category.
exposure in an expectation of making profit out of this transaction. Thus
they would be willing to swap their rupee loan with forex loan and book in
forward cover or make the payments on spot basis on the day of
disbursements. These corporates may also consider the option of raising
new loans in foreign currency and swap a rupee loan if it turns out to be
cheaper option. Thus many corporates would fall under this category.