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Robust accretion to FCNR-B deposits: RBI decides to pull the plug on concessional swap facility
RBI limits concessional swap facility for FCNR-B deposits to August 31, 2026, following strong inflows of $52.3 billion.
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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…
