Rs36.7 Bn Mobilized Via FCNR(B) Deposits


The facility for offering concessional swaps is available up to September 30, 2026, for the FCNR(B) deposits and up to December 31, 2026, for the OFCBs and ECBs


FinTech BizNews Service

Mumbai, 2 August, 2026: 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.

As per the data from AD Banks, the position of forex inflows mobilised till July 31, 2026, under the facility of concessional swaps is given: 

TypeAmount
(USD million)
FCNR(B) Deposits36,725
OFCBs2,575
ECBs1,516
Total40,816



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