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RBI shortens FCNR (B) deposit swap window to Aug 31
The Reserve Bank of India recently announced a revised timeline for the swap facility associated with FCNR(B) deposits, now set to end on August 31, 2026. This adjustment follows an unexpected increase in foreign currency inflows noted until August 13. Meanwhile, borrowers utilizing ECB and OFCB options will continue to benefit from an extended scheme, running through December 31, 2026.
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economictimes.indiatimes.com
RBI to close FCNR(B) forex swap facility early after strong dollar inflow - The Economic Times
The Reserve Bank of India has closed its special forex swap facility early. This facility attracted significant foreign exchange inflows totaling $52.3 billion. The scheme for…
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RBI shortens FCNR (B) deposit swap window to Aug 31
The Reserve Bank of India recently announced a revised timeline for the swap facility associated with FCNR(B) deposits, now set to end on August 31, 2026. This adjustment follows…
