PRIMARYRBI Press Releases·1 Aug 2026neutral

Reporting of FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) mobilized under Reserve Bank’s Swap Facility

AI Summary

·The Reserve Bank of India (RBI) offered a concessional swap facility for fresh FCNR(B) deposits, OFCB, and ECB inflows starting June 8, 2026.
·The facility was available until September 30, 2026, for FCNR(B) deposits and until December 31, 2026, for OFCBs and ECBs.
·As of July 31, 2026, $36,725 million in FCNR(B) deposits, $2,575 million in OFCBs, and $1,516 million in ECBs were mobilized under this facility, totaling $40,816 million.