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.
GK and monthly revision
Forex inflows via FCNR(B) Deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) under Reserve Bank’s Swap facility
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:
Source: Reserve Bank of India (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
Revision structure
Key points
Exam-ready takeaways
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.
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