MUMBAI, India, Aug. 1 -- Reserve Bank of India issued the following press release:
RBI had announced a facility for offering concessional swaps for fresh FCNR(B) deposits, OFCB and ECB inflows, on June 05, 2026 and the same was operationalised on June 08, 2026, which is available upto September 30, 2026, for the FCNR(B) deposits and upto December 31, 2026, for the OFCBs and ECBs.
Based on the data received from Authorised Dealer Banks, the position of forex inflows mobilised till July 31, 2026, under the above facility is given below.
Type Amount
(USD million) FCNR(B) Deposits 36,725 OFCBs 2,575 ECBs 1,516 Total 40,816 (Brij Raj)
Chief General Manager
Press Release: 2026-2027/796
Disclaimer: Curated by HT Syndication.
