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RBI had introduced a special USD-INR Forex Swap facility covering FCNR(B) deposits, ECBs and OFCB inflows on June 08, 2026. The position of forex inflows as reported by Authorised Dealer Banks till August 13, 2026 under the above facility is given below:
Based on the encouraging response to the Swap Facility for FCNR(B) deposits and the resultant forex inflows, it has been decided that the Swap facility for FCNR(B) deposits will be available only for deposits mobilized till August 31, 2026. The Swaps under this facility i.e. FCNR(B) deposits, may be availed with RBI till September 11, 2026. The Scheme for ECBs and OFCBs will continue to be open till December 31, 2026, as hitherto. (Brij Raj) Press Release: 2026-2027/900 |
