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RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

The Reserve Bank of India has now exempted banks from maintaining statutory reserve ratios on fresh Non-Resident (External) Rupee (NRE) term deposits of three years or more tenor mobilised by the banks between June 19, 2026 and September 30, 2026 as part of its limited period measures to attract foreign capital.

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thehindubusinessline.com

thehindu.com

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economictimes.indiatimes.com1 mese fa

RBI removes cap on NRI deposit rates until September

The Reserve Bank of India has temporarily removed interest rate ceilings on non-resident deposits, allowing banks to freely mobilize overseas funds until September 30, 2026. This move aims to help banks build long-term…

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Timeline cronologica

mercoledì 17 giugno 2026·economictimes.indiatimes.com
RBI temporarily eases NRI deposit rate norms to attract overseas funds
The Reserve Bank of India has eased interest rate rules for overseas deposits. This allows banks to offer better returns on FCNR(B) and NRE accounts. The changes aim to attract…
mercoledì 17 giugno 2026·economictimes.indiatimes.com
How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREs - The Economic Times

The Reserve Bank of India has temporarily lifted interest rate restrictions on certain NRE and FCNR(B) deposits until September 30, 2026. This move aims to attract foreign…

RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

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RBI removes cap on NRI deposit rates until September

Timeline cronologica

RBI temporarily eases NRI deposit rate norms to attract overseas funds

How NRIs, OCIs may benefit as RBI allows banks to offer higher interest rates on certain FCNRs, NREs - The Economic Times

RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

RBI removes interest rate cap on new FCNR(B) deposits

Bankers’ expect RBI to issue detailed FAQs on limited period high interest rate FCNR (B) deposits

RBI removes interest rate cap on new FCNR(B) deposits

RBI temporarily withdraws rate caps on FCNR(B), NRE deposits till Sept 30

Attracting NRI inflows: RBI temporarily withdraws interest rate ceiling on fresh FCNR(B) deposits of 3-5 yr tenor

RBI allows banks to offer higher interest rates to NRIs/PIOs to mobilise forex

RBI removes cap on NRI deposit rates until September

Banks seek RBI nod to let NRIs break & rebook existing deposits

Banks seek RBI nod to let NRIs break & rebook existing deposits - The Economic Times

RBI exempts banks from maintaining statutory reserve ratios on fresh NRE term deposits

RBI sweetens FCNR deposits: NRIs can now earn up to 7% on dollar savings - The Economic Times

Bankers’ expect RBI to issue detailed FAQs on limited period high interest rate FCNR (B) deposits