The central bank is tight-lipped on its intervention strategy, but it is suspected that it recently intervened in a huge amount in the offshore markets
Adani Ports and Special Economic Zone raised $750 mn for rupee expenditure, $650 mn for refinancing of earlier ECB, ONGC Videsh and $500 mn for other purposes
While PSBs met their PSL target for agriculture of 18 per cent, private banks and foreign banks failed to meet the targets at 16.2 per cent and 16.7 per cent